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In previous studies, Dr. Schulenberg has established that finding meaning in one's everyday work activities can lead to greater success in the workplace (e.g., productivity, creativity) . He is curious as to whether this can happen in the college classroom. Specifically, he is curious whether finding meaning in one's classroom experience can lead to greater academic performance. In the spring semester, he has his teaching assistant randomly assign half the class to write a paragraph each class period about how the material has meaning for their lives (meaning group) . The other half writes a paragraph about what they did to prepare for class (preparation group) . He does not know which of his students are writing which paragraph, and the students are not aware they are responding to different writing assignments. To measure academic performance, he gives the students a midterm essay exam and a final exam.
Which of the following aspects of Dr. Schulenberg's study allows him to prevent observer bias?
Economic Profit
The difference between total revenue and total costs, including both explicit and implicit costs, indicating the overall financial gain of a business.
Own Capital
Refers to the funds or resources that a business owner personally invests in their enterprise, as opposed to borrowed capital.
Fixed Factor
An input to the production process that cannot be easily increased or decreased in the short term.
Industry Entry
Refers to the process by which new competitors join an existing market, often affecting competition and market dynamics.
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