It Is Important to Repeat Observations in a Variety of Settings

question 65

Multiple Choice

It is important to repeat observations in a variety of settings to be certain the:

• A)results generalize
• B)placebo effect has occurred
• C)correlation was accurate
• D)participant observation effect took place

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Definitions:

Supply Price

The price at which producers are willing to sell a product, which typically varies in direct relation to the quantity supplied.

Quota Limit

A restriction on the amount or number of a particular good that can be imported or exported.

Ceiling Price

It is a legally imposed maximum price on a good or service, intended to prevent prices from rising above a certain level.

Demand Price

The maximum price at which a consumer is willing to buy a specific quantity of a good.