Refer to the Following:
the Capital Stock Is Fixed at 50

question 8

Multiple Choice

Refer to the following:
The capital stock is fixed at 50 units, the price of capital is $30 per unit, and the price of labor is $25 per unit.

$$\begin{array} { c c } &\text { Average } \\\text { Output } & \text { Variable Cost }\\\hline 10 & \$ 40 \\20 & 30 \\30 & 45 \\40 & 60 \\\hline\end{array}$$
-If the firm produces 30 units of output, how many units of labor does the firm use?

• A) 30
• B) 45
• C) 54
• D) 60
• E) none of the above

Differentiate between external and internal validity in the context of analogue research.

Acknowledge the debate surrounding the utility of analogue methodology in counseling research.

Identify factors that can increase the resemblance of analogue research findings to real-life counseling.

Understand the implications of experimental controls for external validity in analogue research.