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A scatter plot shows a set of data points that are clustered close to a line that slopes down to the right.Which of the following values would be closest to the correlation for these data?
Marginal Product Curve
A graphical representation that shows how the output of a product changes when the quantity of a single input is altered, while keeping all other inputs constant.
Price
The sum of money anticipated, needed, or handed over as a payment for an item.
Substitute Resource
A resource that can be used in place of another, especially in production, to accommodate changes in market demand or supply conditions.
Productivity
A measure of the efficiency of production, often quantified as the ratio of output to input in the creation of goods and services.
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