Examlex
The supply of a product will be more elastic if _____
Laboratory Setting
A controlled environment designed for scientific experiments, research, and testing, where conditions can be manipulated to observe effects on variables.
Experimentation Problems
Issues arising during the process of conducting experiments that can affect outcomes, such as biases, uncontrollable variables, or ethical considerations.
Causality
Refers to the analysis of causes and their effects. Specifically, causality means that a change in the independent variable (x) produces a change in the dependent variable (y). In analyzing survey data, we establish causality by demonstrating that an association exists between x and y; x precedes y; and the introduction of a causally prior control variable does not result in the original association disappearing.
Empirically Established
Information or theories that are confirmed or supported by observation, experiment, or other forms of scientific research.
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