When Subjects in an Experiment Perform Differently Because They Realise

question 45

Short Answer

When subjects in an experiment perform differently because they realise that they are participating in an experiment, this is called the _________ effect.

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Definitions:

Fixed Costs

Costs that do not change with the level of output or production, remaining constant over a specific period.

Variable Costs

Costs that change in proportion to the level of goods or services produced.

Sales Volume

The quantity of products or services sold by a company during a certain period of time.

Cost Advantage

The benefit or upper hand a business gains when it can provide a product or service at a lower price than its competitors, often through efficiencies, economies of scale, or lower input costs.