When Factor Supply Is Fixed and Quantity of the Factor

question 91

Multiple Choice

When factor supply is fixed and quantity of the factor is graphed on the horizontal axis while factor price is graphed on the vertical axis, the factor:

• A) supply curve is horizontal.
• B) supply curve is vertical.
• C) supply curve slopes up to the right.
• D) demand curve slopes up to the right.

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Definitions:

Experimenter Bias

A process where the researchers' expectations inadvertently influence the outcome of a study.

Random

Lacking any definite plan or order or purpose; governed by chance.

Ineffectual Treatment

Medical or therapeutic interventions that fail to produce the desired beneficial outcome.

Manipulated Variable

In experimental research, the manipulated variable is the factor that is intentionally changed or controlled by the researcher to observe its effects on the dependent variable.