Examlex
Dr.Jiminez investigates the influence of snacking on the onset of sleep in preschool children.One group of preschoolers eats a candy bar prior to bedtime,and the other group eats nothing.Time until the onset of sleep is recorded for each child.In this experiment,eating or not eating the snack is the ____ variable,and the time until the onset of sleep is the ____ variable.
Close Substitutes
Products or services that can easily replace one another in the eyes of consumers, leading to competitive market dynamics.
Positive Profits
Positive profits occur when a business's total revenues exceed its total costs, indicating financial gain from its operations.
Long Run
Refers to a period where all factors of production and costs can be variable, allowing firms to adjust to changes in the business environment fully.
Short Run
A period in which at least one factor of production is fixed, allowing limited adjustments to changes in production or the business environment.
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