Examlex
Researchers plan to investigate a new medication that may reduce blood pressure for individuals with higher than average blood pressure. 90 volunteers with higher than average blood pressure are solicited. Volunteers are randomly assign 100 mg of the medicine, 200 mg of the medicine, or a placebo. Blood pressure will be measured at the beginning and at the conclusion of the study.
-Describe a disadvantage of using volunteers in this study.
Economic Rent
Earnings in excess of the minimum required to keep a factor of production in its current use, often derived from unique advantages.
Demand For Land
The economic desire or need for land for various purposes such as agriculture, residential, commercial, or industrial developments.
Resource
An economic input used to produce goods and services, such as labor, capital, and natural resources.
Land
In economics, it refers to all natural resources used to produce goods and services, including agricultural and undeveloped land.
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