What Are Two Advantages of Using College Students in Sensitive

question 42

Multiple Choice

What are two advantages of using college students in sensitive research at their own university?

• A) Students are available and willing to participate.
• B) It allows random sampling and random assignment.
• C) Students can be paid in grades and are promiscuous.
• D) Adults are shyer while students do not value privacy.

Analyze scenarios of changing output levels to predict effects on costs and cost structures.

Understand and identify the concepts of diminishing marginal returns and marginal cost.

Differentiate between short-run and long-run cost structures and their implications for firm decision-making.

Recognize the relevance and implications of sunk costs and the sunk cost fallacy in economic decision-making.