The Ethical Aspects of Every Element of the Research Project

question 10

Multiple Choice

The ethical aspects of every element of the research project:

• A)Should be signed off on by the research supervisor.
• B)Should be clearly outlined for the researcher by the research supervisor.
• C)Are of fundamental importance.
• D)Are dealt with at the start of the research.

---

Definitions:

Equilibrium

A balance between market demand and supply that results in steady prices.

Budget Line

A budget line represents all combinations of goods and services that a consumer may purchase given current prices and income levels.

Marginal Rate of Substitution

How quickly a person agrees to trade one product for a different one to preserve their overall happiness.

Satisfaction Maximized

The point at which an individual achieves the highest level of satisfaction or utility from the consumption of goods or services.