In a Study on the Effects of Amount of Sleep

question 53

Multiple Choice

In a study on the effects of amount of sleep on driving performance,researchers predict that those in the group that is allowed more sleep will exhibit better driving performance.The researchers are using a _____ hypothesis.

• A)two-tailed
• B)directional
• C)one-tailed
• D)one-tailed and directional

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Definitions:

Profit Maximizers

Refers to firms or individuals who alter their production or operational levels to achieve the highest possible profit margins.

Lump Sum Subsidy

A fixed amount of money provided by the government or a body to support a business or market, which does not change with the level of output.

Per-Unit Subsidy

A financial incentive given by the government, reducing the cost of each unit of a good or service to either the producer or consumer.

Profit Maximization

A business objective to achieve the highest possible profit from operations, often by adjusting production, prices, and other variables.