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"Why Do We Do Natural Experiments?" Asks a Student

question 49

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"Why do we do natural experiments?" asks a student. "After all, each disaster that causes a natural experiment is unique." A good answer would be, "Using natural experiments, researchers have learned quite a lot about:


Definitions:

Tying Strategies

Business practices where the sale of one product is linked to the purchase of another, often used to increase market share.

Diseconomies of Scale

The phenomenon where production costs per unit increase as a firm or industry's output expands, typically due to inefficiencies that arise with increased size.

Meter Consumption

The amount of a utility or resource (such as water, electricity, gas) used as recorded by a meter.

Peak Period

The time period during which the demand for a service or product is at its highest, often leading to congestion or increased prices.

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