What Types of Laboratory Experiments Are Most Desirable

question 9

Multiple Choice

What types of laboratory experiments are most desirable?

• A)When the sample is representative of the population to which the results are generalized.
• B)When the experiment's context and conduct are natural so that the subjects behave realistically.
• C)When the intent of the experiment is to achieve high levels of internal validity.
• D)When the intent of the experiment is to achieve high levels of external validity.
• E)None of the above are desirable.

---

Definitions:

Indifference Curves

Graphical representations used in microeconomics to illustrate combinations of two goods between which a consumer is indifferent.

Optimal Utility

The highest level of satisfaction or benefit that a consumer can achieve given their resources.

Consumption Bundle

A consumption bundle is a combination of various goods and services that an individual, household, or economy consumes over a given period.

Inferior Good

A type of good whose demand decreases when consumer income rises, inverse to a normal good.