Professor Bonds Asked Students to Name Different Factors That May

question 66

Multiple Choice

Professor Bonds asked students to name different factors that may change with a person's age.The students identified weight,height,and number of friends.These factors would be examples of

• A) variables.
• B) mediators.
• C) operational definitions.
• D) constants.

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Definitions:

Useful Data

pertains to information that is relevant, reliable, and can be effectively utilized for decision-making processes or problem-solving.

Opportunity Costs

Letting go of possible advantages in other alternatives when favoring one.

Scarce Resources

Resources that are limited in availability and can be depleted, which necessitates efficient utilization and management.

Economic Thinking

A way of analyzing problems by considering the costs and benefits of different choices and actions.