A Confounding Variable Is a Variable That Influences the ____

question 62

Multiple Choice

A confounding variable is a variable that influences the ____.

• A) dependent variable and varies systematically with the independent variable.
• B) independent variable and varies systematically with the dependent variable.
• C) dependent variable and varies randomly with the independent variable.
• D) independent variable and varies randomly with the dependent variable.

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Definitions:

Demand Elasticity

A measure of how much the quantity demanded of a good responds to a change in the price of that good, with high elasticity indicating a significant response.

Inelastic Demand

Refers to a situation where the demand for a product does not significantly change with a change in its price.

Elastic Supply

A condition where the quantity supplied of a good changes significantly due to a slight change in its price.

Subsidy

A financial aid or support extended by the government to an economic sector, business, or individual, often aimed at promoting economic and social policies.