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In an Experiment, the Independent Variable Is the Variable That

question 21

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In an experiment, the independent variable is the variable that is:


Definitions:

Short-Run Time Periods

A term commonly used in economics and business planning to describe a timeframe in which the reactions or responses to decision-making are observed.

Independent variables

Variables in research that are manipulated or chosen by the researcher to determine their effects on dependent variables.

Dependent Variables

In research, variables whose variation is dependent on that of other variables, commonly used to measure the effect of independent variables.

Long-Run Time Periods

Extended durations during which all factors of production and costs are variable, allowing businesses to make adjustments to achieve optimal production levels.

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