Exhibit 12-1: Indicate Whether the Following Hypotheses Are Necessarily Ex

question 45

Multiple Choice

Exhibit 12-1: Indicate whether the following hypotheses are necessarily ex post facto research or possible to perform with experimental research.
-Refer to Exhibit 12-1.Persons with seasonal affective disorder will attend fewer religious services than will persons without the disorder.

• A) necessarily ex post facto research
• B) possible to do with experimental research

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Definitions:

Long Run

A period in economics sufficient for all markets to reach equilibrium, where all inputs and outputs can be varied by firms, not constrained by existing physical capital.

ATC

Average Total Cost; the total cost per unit of output incurred when producing goods or services.

AVC

Average Variable Cost, the cost that varies with the level of output, divided by the quantity of output produced.