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You Read an Article Stating That Facebook Is Related to Unhappiness

question 63

Essay

You read an article stating that Facebook is related to unhappiness. In the study, a group of high school students were asked how many times a day they checked their Facebook pages and how happy they were. In discussing this article with your friend Matt, he exclaims, "I knew it! I have always said that being on Facebook is the cause of all my unhappiness!"
Explain how one could convert this study into an experiment.


Definitions:

Long Run Market Supply Curve

A curve showing the relationship between the price of a good and its supply over a longer period, when all input factors can be varied.

Limited Quantities

A restricted amount of a product or resource available for consumption or use.

Perfectly Elastic

Perfectly elastic describes a situation in market demand where consumers will only buy at one price and any deviation from this price leads to zero demand for the good or service.

Economic Profits

The difference between a firm’s total revenue and its total costs, including both explicit and implicit costs.

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