To Equalize Participant Characteristics Across Groups in an Experiment, Researchers

question 61

Multiple Choice

To equalize participant characteristics across groups in an experiment, researchers use random _____, which allows them to _____.

• A) assignment; generalize results to the population of interest
• B) assignment; eliminate participant characteristics as possible explanations for results
• C) sampling; generalize results to the population of interest
• D) sampling; eliminate participant characteristics as possible explanations for results

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Definitions:

Monopolistically Competitive Firm

A company operating in a market structure where many firms sell products that are similar but not identical, allowing for product differentiation and some degree of market power.

Perfectly Competitive Firm

A company that operates in a market where there are many buyers and sellers, none of which can influence the market price.

Long-Run Equilibrium

A state where all factors of production in an economy are fully adjusted to market conditions, leading to stable prices and full employment of resources.

Profit Maximization

The method a company uses to decide the price and production amount that yields the highest profit.