Norm Is Interested in Whether Pet Owners Are More Likely

question 6

Multiple Choice

Norm is interested in whether pet owners are more likely than those who do not own pets to have healthier lifestyles (e.g.,exercise regularly,drink moderately,and refrain from nicotine use) .By comparing the numbers he gathers on both groups,Norm will most likely be using what type of research method?

• A) quantitative
• B) inductive
• C) speculative
• D) qualitative

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Definitions:

Supply Curves

A graphical representation showing the relationship between the price of a good and the quantity supplied at those prices.

Total Utility

The overall satisfaction or value a consumer derives from consuming a particular quantity of goods or services.

Consumption

The use of goods and services by households, constituting one of the primary components of GDP and a fundamental concept in economics signifying final consumption.

Salience

The quality of being particularly noticeable or important; prominence.