You Want to Run a Difference-In-Difference Experiment with a Price

question 3

Multiple Choice

You want to run a difference-in-difference experiment with a price increase for the bacon cheeseburger item on your menu.If you are worried about the "representativeness" with your control group,a poor comparison menu item would be

• A)​soft drink sales
• B)the bacon burger without cheese
• C)the bacon-lettuce-and-tomato sandwich
• D)​the regular cheeseburger

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Definitions:

Trial Court

The first level of court in the judicial system where legal cases are originally tried and decided, as opposed to appellate courts.

Questions of Fact

Issues in a legal case that are related to the determination of factual disputes by a judge or jury.

Highest Appellate Court

The supreme authority in the judicial hierarchy capable of reviewing and overturning lower court decisions, often the supreme or constitutional court in a country.

Supreme Court

The highest judicial court in a country or jurisdiction, often having the ultimate authority in interpretive, legal, and constitutional matters.