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Dr. Sesay is testing a new antidepressant. He gives the experimental group the new medication and the control group sugar pills that look exactly the same as the real medication. He is excited about all the good he believes this new medication will do for people. When he gives his control group the sugar pills, he shows little emotion, but when he hands out the antidepressants, he unintentionally grins at his participants. To control for ______________, Dr. Sesay should use a _______________________ design instead.
Rent
A payment made periodically by a tenant to a landlord in exchange for the use of land, a building, or another property.
Fixed Costs
Costs that do not change with the level of output in the short term, such as rent, salaries, and insurance.
Variable Costs
Costs that vary directly with the level of production, such as materials and labor.
MC
In economics, MC typically refers to Marginal Cost, which is the cost of producing one more unit of a good.
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