The Methodological Decision Made by an Experimenter Should Be Explained

question 12

Multiple Choice

The methodological decision made by an experimenter should be explained in a manuscript since:

• A) Without them the paper is less interesting
• B) The choice made influence the design, results, and interpretation of an experiment
• C) Since there are relatively few methodological options available to researcher, the rationale for the choices made is necessary
• D) The manuscript may appear less important unless the researcher convinces the reader that the decisions were the right ones

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Definitions:

Total Benefits

The complete gains or advantages, in terms of money, comfort, or welfare, obtained from a particular action or investment.

Market Equilibrium

A condition in which the quantity of goods supplied is equal to the quantity demanded, often resulting in an optimal price for products or services.

Purely Competitive Market

A market structure characterized by a large number of small firms, identical products, and free entry and exit, leading to price determination by supply and demand.

Equilibrium Output

The level of output where the quantity of goods produced equals the quantity of goods consumed, and the market is in balance.