Sampling determines the degree to which study findings can b…

Sampling determines the degree to which study findings can be generalized to a broader population. This means, because it only affects generalizability and not the concepts under investigation, it is unnecessary to consider sampling during the operational procedures.

Even though the Law of Demand concludes that an increase in…

Even though the Law of Demand concludes that an increase in price decreases the quantity demanded, it is possible for both the equilibrium price and equilibrium quantity of a good to simultaneously increase. If the supply of a good decreases, both the equilibrium price and equilibrium quantity increase.