If a Researcher Can Say That a Causes B, Then

question 41

Multiple Choice

If a researcher can say that A causes B, then the researcher has most likely used

• A)the correlational method.
• B)laboratory observation.
• C)the case study method.
• D)the experimental method.

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Definitions:

Pareto Efficient

A situation where no individual or preference criterion can be better off without making at least one individual or preference criterion worse off.

Initial Endowment

The initial allocation of resources, money, or goods that an individual, institution, or country possesses.

Pareto Optimal

An allocation of resources from which it is impossible to reallocate to make any one individual better off without making at least one individual worse off.

Utility Function

A mathematical representation used in economics to model the satisfaction or happiness a consumer derives from consuming goods and services.