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Why is randomization used to assign research participants to groups?
Zero-profit Equilibrium
A situation where firms in a perfectly competitive market earn just enough revenue to cover their total costs.
Consumer Preference
The inclination of consumers to favor certain products, brands, or services over others, influenced by tastes, values, and socio-economic factors.
Capital Inflow
The movement of funds into a country, typically in the form of investments, that can be used for further economic development.
Capital Outflow
The movement of assets out of a country, often in response to economic or political instability, seeking higher returns or safer investment climates elsewhere.
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