Compliance with the Law Does Not Necessarily Fulfill All Ethical

question 2

True/False

Compliance with the law does not necessarily fulfill all ethical obligations.

Demonstrate knowledge of counterbalancing techniques to control for order effects.

Distinguish between different experimental designs (independent groups, repeated measures, pretest-posttest).

Explain the concept of carryover effects and how they can influence research outcomes.

Recognize the importance of controlling for variables that can affect the validity of experimental findings.

---

Definitions:

Equilibrium

A state in which market supply and demand balance each other, and, as a result, prices become stable.

Supply Curves

Graphical representations showing the relationship between the price of a good or service and the quantity of that good or service that a supplier is willing to offer for sale.

Price Floors

A government- or authority-imposed minimum price that sellers must charge for a good or service, essentially preventing prices from falling below this set level.

Ceiling Prices

Maximum prices set by the government on certain goods and services to prevent excessive pricing during shortages or inflationary periods.