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You Study 100 Children for a Month,measuring How Much TV

question 126

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You study 100 children for a month,measuring how much TV they watch and how many aggressive acts they perform.You find that TV watching and aggression are highly and positively correlated.Based on this study,you can:


Definitions:

Resource Demand

The demand for inputs necessary for the production of goods and services.

MRP

MRP, or Marginal Revenue Product, quantifies the added value generated by employing an additional unit of input in the production process.

Haircut

A reduction applied to the value of an asset for purposes of calculating capital requirements, margining, or risk assessment.

Marginal Revenue Product

The extra income produced by employing an additional unit of a production resource.

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