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What Are the Main Forms of Price Leadership

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What are the main forms of price leadership?


Definitions:

Interaction Effect

Occurs when the effect of one independent variable on a dependent variable changes across the levels of another independent variable.

Crime Area

A geographical location with a measurable level of criminal activity or events.

Main Effects

The immediate impact that an independent variable has on a dependent variable within an experimental research setting.

Interaction Effects

Refers to the phenomenon where the effect of one variable on a particular outcome is different depending on the level of another variable.

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