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In a laboratory, smokers are asked to "drive" using a computerized driving simulator equipped with a stick shift and a gas pedal. The object is to maximize the distance covered by driving as fast as possible on a winding road while avoiding rear-end collisions. Some of the participants smoke a real cigarette immediately before climbing into the driver's seat. Others smoke a fake cigarette without nicotine. You are interested in comparing how many collisions the two groups have. In this study, the independent variable is the __________.
World Price
The global market price of a good or service, influenced by worldwide demand and supply.
Tariff
A tax imposed by a government on goods and services imported from other countries, often used to protect domestic industries from foreign competition.
Producer Surplus
The difference between the amount producers are willing to accept for a good or service and the actual amount they receive, reflecting profits.
Deadweight Loss
A loss of economic efficiency that can occur when equilibrium for a good or service is not achieved or is unachievable.
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