In an Experimental Design,this Is Often the Outcome or the Variable

question 32

Multiple Choice

In an experimental design,this is often the outcome or the variable that is being measured (e.g. ,score on a test) .

• A) extraneous variable
• B)independent variable
• C)dependent variable
• D)confounding variable

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Definitions:

Budget Line

Displays combinations of products that a consumer can afford with a fixed budget, based on their prices.

Price Ratio

The relationship between the prices of two goods, indicating how many units of one good can be exchanged for one unit of the other.

Utility Ratio

The comparison of the utility (satisfaction) received from one choice relative to another.

Capital Goods

Physical assets used by businesses to produce goods and services, such as machinery, buildings, and equipment.