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Observational Learning Has Been Used to Explain Why Children Who

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Observational learning has been used to explain why children who watch violent television tend to behave more aggressively. Research has demonstrated that watching such television shows causes an increase in violent tendencies.


Definitions:

Credit Policy

Rules a business adheres to for assessing a customer's eligibility for credit and the stipulations under which it is offered.

Opportunity Cost

The most valuable alternative that is given up if a particular investment is undertaken.

Incremental Cost

The additional cost incurred to produce one more unit of a product or service.

Accounts Receivables

The money owed to a company by its customers for goods or services that have been delivered or used but not yet paid for.

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