A Locally Owned and Operated Restaurant Is Typically A(n)________

question 92

Multiple Choice

A locally owned and operated restaurant is typically a(n) ________.

• A) monopoly
• B) oligopoly
• C) small business
• D) corporation

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Definitions:

Independent Variable

The variable in an experiment that is manipulated to observe its effect on the dependent variable.

Dependent Variable

The variable in experimental research that is measured to assess any changes in response to the manipulation of the independent variable.

Random Assignment

A method used in experiments where participants are allocated to various groups in a way that ensures each has an equal chance of being chosen, to ensure fairness and objectivity in the results.

Experimental Conditions

The controlled environments and variables manipulated by researchers to investigate causal relationships in a study.