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For the 2016 GSS, you code marital status as 0 = not married and 1 = married, then you regress the number of hours of television viewing per day (Y) on marital status (X) with the following result: Y = 3.1 − .32X. This result indicates that
Multi-Plant Firms
Companies or enterprises that operate and manage more than one production or manufacturing facility.
Capacity
The maximum amount of something that a facility or system can contain or produce.
Principal-Agent Problems
A situation in economics where one party (the agent) is expected to act in the best interest of another party (the principal) but may have the incentive to act in their own interest instead.
Agent
Individual employed by a principal to achieve the principal’s objective.
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