A Hypothesis Must Be Tested Many Times Before It Can

question 49

True/False

A hypothesis must be tested many times before it can be considered a theory.

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Definitions:

Parity Ratio

A measure used to compare the price or value of one thing to another, often in agriculture to compare prices of farm products to other goods and services over time.

Parity Price

Parity price is a price level that ensures farmers receive a relative value for their commodities comparable to the purchasing power of a certain base period.

Price Elasticity

The measure of demand fluctuation as a response to changing prices of a good.

Agricultural Products

Products stemming from the practice of agriculture, such as crops and animal products, which can be used for food, fuel, and raw materials.