External Validity Refers To

question 129

Multiple Choice

External validity refers to:

• A)measuring the results of a behavior, rather than the behavior itself
• B)any research result obtained using noninvasive observation procedures
• C)effectively controlling any potentially confounding variables in an experiment
• D)how well the results of an observation will generalize to other situations

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Definitions:

Total Cost

The complete amount of money spent by a business to produce a specific quantity of goods or services, including both fixed and variable costs.

Short Run

A period in economics during which at least one factor of production is fixed, affecting production capabilities.

Long Run

A period in which all factors of production and costs are variable, allowing for full adjustment to changes in economic conditions.

Average Cost

The total cost of production divided by the number of units produced, providing a measure of the cost per unit of output.