An Example of the "Difference-Equals-Deficit" Error Is _____

question 42

Multiple Choice

An example of the "difference-equals-deficit" error is _____.

• A) assuming that children who are hearing impaired cannot communicate as well as children who can hear
• B) failing to compare typical and atypical behavior
• C) ignoring inconsistencies in a child's language development
• D) identifying flaws within the scientific method

---

Definitions:

Cartels

An agreement between competing firms to control prices or exclude entry of a new competitor in a market, often resulting in higher prices and restricted competition.

Informal Understandings

Unofficial agreements or practices among firms or individuals that dictate behavior without being legally binding.

Collusive Oligopoly

A market situation where a few firms dominate and agree, formally or informally, on prices or production levels to minimize competition.

Limit Pricing

A strategy used by monopolies or market leaders to set prices low enough to deter new entrants into the market.