(Scenario III) How Externally Valid Would You Say the Bobo

question 99

Multiple Choice

(Scenario III) How externally valid would you say the Bobo Doll Study is?

• A) very; laboratory studies are associated with high external validity
• B) not very; laboratory studies are associated with low external validity
• C) very; laboratory studies, when presented in an ecologically valid way, can increase external validity
• D) not very; laboratory studies are inherently low in external validity

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Definitions:

Marginal Utility

The augmented satisfaction or value someone derives from the consumption of an extra unit of a good or service.

Consumer Surplus

Consumer surplus represents the discrepancy between the total price consumers are prepared and able to spend on a product or service and the actual amount they end up paying.

Marginal Utility

The additional satisfaction or utility a consumer receives from consuming one more unit of a good or service.

Marginal Utility

Marginal utility represents the additional satisfaction or utility a consumer gains from consuming one more unit of a good or service.