A True Experiment Allows a Researcher to Assess Whether and to What

question 59

Multiple Choice

A true experiment allows a researcher to assess whether and to what degree ______ is affected by a change in ______.

• A) an independent variable; a dependent variable
• B) a dependent variable; an extraneous variable
• C) a dependent variable; an independent variable
• D) an independent variable; an extraneous variable

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Definitions:

Supply Curves

An illustrative chart showing how the price of a product or service correlates with its supply during a certain period.

Law Of Supply

An increase in the price of a product will increase the quantity of it supplied; and conversely for a decrease in price.

Quantity Supplied

The quantity of a product that suppliers are ready and capable of offering for sale at a certain price during a defined timeframe.

Equilibrium Quantity

The quantity of goods or services supplied that is exactly equal to the quantity demanded at the market equilibrium price.