An Intervening Variable Is One Which

question 18

Multiple Choice

An intervening variable is one which:

• A) links the dependent variable to the independent variable in that order
• B) links the independent variable to a confounding variable (s/s)
• C) links the independent variable to the dependent variable in that order
• D) explains how the dependent variable affects the independent variable

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Definitions:

Price Sensitive

The degree to which the demand for a product changes in response to changes in its price.

Differential Pricing

A pricing strategy in which a company sets different prices for the same product or service based on certain criteria such as customer segment, quantity purchased, or location.

Wasted Capacity

Resources or production capabilities that are underutilized or not used to their full potential, leading to inefficiencies.

Overbooking

A strategy used in various industries where more reservations or orders are accepted than can be accommodated, based on expected cancellations or no-shows.