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Outline the Considerations That Walker and Shea (1991)discuss as Especially

question 14

Essay

Outline the considerations that Walker and Shea (1991)discuss as especially critical when conducting single subject research using children as participants. Which three to five considerations are most important, and why?

Understand the concept of pure competition in market structures.
Identify the characteristics and implications of being a price taker in a purely competitive market.
Recognize the absence of product differentiation in pure competition and its significance.
Analyze the role of marginal revenue and its relation to price in a purely competitive firm.

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