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The Results from a Two-Factor Analysis of Variance Show a Significant

question 36

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The results from a two-factor analysis of variance show a significant main effect for factor A and a significant main effect for factor B.Based on this information, what can you conclude about the main effects?


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World Price

The international market price of a good or service, determined by world demand and supply.

Domestic Price

The price of goods or services within a country's borders.

Efficient Nation

A country that utilizes its resources in the most productive way possible, maximizing output and welfare with minimal waste.

Comparative Advantage

The capacity of a person, business, or nation to provide a product or service with a smaller opportunity cost compared to rival entities.

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