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A Good That Is Excludable Is One That Someone Can

question 123

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A good that is excludable is one that someone can be prevented from using if she did not pay for it.


Definitions:

Control Groups

Experimental groups not exposed to any experimental variable.

Experimental Variable(s)

Factors in an experiment that are manipulated or changed by the researcher to investigate their effect on the dependent variable.

Maturation

In experimental design, the problem of individuals changing over time, most obviously by getting older.

Experimental Research

A scientific approach that manipulates one variable to observe its effect on another, within a controlled environment, to establish cause-and-effect relationships.

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