In 2015,a Report on Attempted Replications Published in Science,noted That,depending

question 43

Multiple Choice

In 2015,a report on attempted replications published in Science,noted that,depending on the criteria used,___ of the replications found the same results as the original study.

• A) 0%
• B) 20 to 40%
• C) 40 to 60%
• D) 100%

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Definitions:

Equilibrium Quantity

The amount of products or services available that matches the amount desired at the market's equilibrium price.

Equilibrium Price

The price at which the quantity of a good or service supplied equals the quantity demanded in a market.

Chocolate-Covered Peanuts

A snack or confectionery consisting of peanuts that are coated in a layer of chocolate.

Surplus

A scenario where the supply of goods surpasses what is being demanded at the present price level.