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Randomization is the preferred technique for assigning subjects to experimental and control groups when you CANNOT specify in advance the relevant matching variables.
Negative
Characterized by lack or absence, often used in contexts such as negative growth (decline) or negative feedback (criticism).
Income Elasticity of Demand
A measure of how much the quantity demanded of a good responds to a change in consumers' income.
Quantity Demanded
The amount of a good or service that consumers are willing to buy at a specific price, at a given time.
Own Price Elasticity
A measure of how the quantity demanded of a good responds to a change in the price of that good, keeping other factors constant.
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