Which of These Refers to the Idea That We Accept

question 103

Multiple Choice

Which of these refers to the idea that we accept results only if other investigators can repeat them?​

• A)Significance 
• B)​Replicability
• C)​Determinism
• D)​Parsimony

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Definitions:

Marginal Utility

The extra pleasure or benefit a consumer receives from using an additional unit of a product or service.

Demand Schedule

A table that lists the quantity of a good that consumers are willing and able to purchase at varying price points, at a specific moment in time.

Total Utility

The total satisfaction or benefit that a consumer derives from consuming a certain quantity of goods or services.

Consumer Surplus

Describes the difference between the total amount that consumers are willing and able to pay for a good or service and the total amount that they actually pay.