What Do We Have to Do When We Have a One-Tailed

question 15

Multiple Choice

What do we have to do when we have a one-tailed hypothesis and find a significant main effect where the IV has three conditions?

• A) Look at descriptive statistics and planned contrasts.
• B) Look at descriptive statistics and post hoc contrasts.
• C) Look at descriptive statistics only.
• D) Look at both post hocs and planned contrasts.

Understand the long-run equilibrium conditions in competitive markets and the role of economic profits.

Identify factors affecting the entry and exit of firms in a market.

Distinguish between contestable markets and competitive markets in terms of entry and exit barriers and market outcomes.

Explain how the structure of the market affects firms' pricing strategies and market outcomes.

---

Definitions:

Profit Margin

The profit margin is the percentage of revenue that remains as profit after all expenses are deducted from sales.

Financial Planning

The process of defining goals, policies, procedures, programs, and budgets to manage the financial activities of an individual or organization effectively.

Company Priorities

The strategic goals or areas of focus that a company identifies as most important for its success.

Financial Planning

The process of creating strategies to manage financial affairs and meet life goals, involving saving, investment, and budgeting.