The Primary Limitation of a Two-Group Design Is That

question 39

Multiple Choice

The primary limitation of a two-group design is that

• A)it is simple to interpret.
• B)it increases the chances of demonstrating a significant mean difference.
• C)it tends to reduce the differences between the groups.
• D)it may not provide a complete picture of the relationship between the variables.

---

Definitions:

Expansion Path

Curve passing through points of tangency between a firm’s isocost lines and its isoquants.

Long Run

A period in which all factors of production and costs are variable, allowing all inputs to be adjusted.

Marginal Cost

The extra financial outlay needed for manufacturing another unit of a product or service.

Marginal Product

The boost in production one can expect by adding an extra unit of labor or capital, ceteris paribus.