Replication of Previous Results Is a Necessary Step for New

question 118

True/False

Replication of previous results is a necessary step for new research.

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Definitions:

Medium Of Exchange

Anything that is widely accepted as a means for the payment of goods and services and repayment of debts.

Opportunity Cost

Represents the value of the best alternative that must be given up in order to pursue a certain action or decision.

Cookies

Small files stored on a user's computer by websites to remember user preferences and activity.

Specialization Of Labor

Focusing work effort on a particular product or a single task.