What Is the First Step in the Scientific Process

question 29

Multiple Choice

What is the first step in the scientific process?

• A) designing an experiment
• B) choosing test subjects
• C) peer review of your study
• D) analyzing your data
• E) formulating a hypothesis

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Definitions:

Budget Line

A graphical representation of all possible combinations of two goods that an individual can afford given their income and the prices of the goods.

Initially Consumed

Refers to the first set of goods or services that are used or consumed by an individual or entity.

Consumer's Budget Line

A graphical representation that shows all possible combinations of two goods that a consumer can purchase with a fixed budget.

Price Ratio

The relative price of one good or service compared to another, typically used in the analysis of consumer choice and budget allocation.