Jane Goodall's Research, Examining the Behavior of Chimps in Africa

question 32

Multiple Choice

Jane Goodall's research, examining the behavior of chimps in Africa, is an example of ____.

• A) experimental research
• B) naturalistic observation
• C) correlational research
• D) differential research

---

Definitions:

Profit Maximization

A method used by firms to determine the best output and price levels in order to achieve the highest profit.

Marginal Revenue

The additional revenue that a company receives from selling one more unit of a good or service.

Output Effect

The impact on total production and revenue when a firm alters the quantity of output produced, holding other factors constant.

Monopolist's Profit

The excess earnings a monopolist achieves due to the lack of competition, allowing for pricing above marginal cost.