Which of the Following Observations Is True

question 117

Multiple Choice

Which of the following observations is true?

• A)Free markets will achieve all of society's goals.
• B)The ability to buy goods is divided equally among consumers.
• C)The market leads to efficiency in production through the profit motive.
• D)The market system encourages firms to use inputs wastefully.

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Definitions:

Experimental Group

In research, the group of subjects who are exposed to the variable under investigation, in contrast to the control group.

Independent Variable

In experimental research, the variable that is intentionally manipulated by the researcher to explore its effect on a dependent variable.

Manipulation

The skillful or devious exertion of influence over someone for personal gain or to serve one's purposes.

Experimental Technique

It is a method or procedure used in scientific research to test hypotheses by systematically varying parameters and observing the outcomes.