Examlex
A researcher wants to know how much TV students in a dorm are watching,but she has noticed that students tend to leave the TV room when she comes into see who is watching.To get around this problem,she decides to observe wear-and-tear on the TV remote control as a measure of how much TV is being watched.Like many psychologists,this researcher is using a(n) :
Machine Hours
A measure of the amount of time a machine is operated, often used for accounting, cost allocation, or operational planning.
Labor Hours
The total number of hours worked by all employees in a specific time period.
Marginal Product
The additional output that is gained by employing one more unit of a particular input, holding all other inputs constant.
Total Output
The quantity of goods and services produced by a firm or economy over a specific period.
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