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When There Is a High Correlation Between Dependent Variables,what Can

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When there is a high correlation between dependent variables,what can occur in MANOVA?


Definitions:

Price Per Unit

The cost of a single unit of a product or service.

Government-Granted Exclusive Right

A privilege or authority granted by the government to an individual or organization, typically giving them the sole right to produce, use, or sell a particular good or service.

Willingness to Pay

The maximum amount that a consumer is prepared to spend on a good or service.

Profit

The financial gain achieved when the amount of revenue gained from a business activity exceeds the expenses, costs, and taxes involved in sustaining the activity.

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