The ________ Variable Is Manipulated by the Researcher, and the ________

question 14

Multiple Choice

The ________ variable is manipulated by the researcher, and the ________ variable is the response or behavior that the researcher measures.

• A) extraneous; independent
• B) extraneous; dependent
• C) independent; dependent
• D) dependent; independent

---

Definitions:

Economic Rents

Earnings in excess of the minimum necessary to keep a factor of production in its current use, often associated with restricted supply or monopoly power.

Imperfectly Competitive

A market structure where individual firms have some control over the price of their products due to a lack of perfect competition.

Market Price

The current price at which a good or service is bought and sold in a marketplace, determined by supply and demand dynamics.

Unit Of Output

The measure of the quantity of a product or service produced by a firm, industry, or economic sector.