Researchers Generalize Their Findings When They Are Able to Use

question 90

True/False

Researchers generalize their findings when they are able to use findings from a sample to explain patterns in a larger population.

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Definitions:

Marginal Social Benefits

The extra advantage to the entire community from using an additional unit of a product or service.

Public Goods

Goods that are non-excludable and non-rivalrous, meaning their use by one individual does not reduce availability to others.

Marginal Social Cost

The total cost to society of producing an additional unit of a good or service, taking into account both private costs and any externalities.

Private Marginal Cost

The cost incurred by a firm or individual for producing one additional unit of a good or service, not including external costs.