Determine Whether the Given Description Corresponds to an

question 11

Multiple Choice

Determine whether the given description corresponds to an
-A sample of fish is taken from a lake to measure the effect of pollution from a nearby factory on the fish.

• A) Experiment
• B) Observational study

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Definitions:

Willingness

The readiness of a person to engage in a particular action, especially in terms of purchasing goods or services.

Marginal Utility

The additional utility received from consuming one more unit of a good or service.

Total Utility

The complete happiness or advantage gained from using a specific amount of products or services.

Product Consumed

Refers to goods or services that have been used by consumers, fulfilling needs or wants.