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When an Online Intermediary Like Hulu Scans Thousands of Hours

question 29

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When an online intermediary like Hulu scans thousands of hours of programming each week and groups these programs into categories of digital programs (e.g. sports, crime, etc.) , this is an example of:


Definitions:

Total Profit

The difference between a firm's total revenue and its total costs, indicating the overall financial gain from its business activities.

Principle of Marginal Analysis

The principle of marginal analysis involves making decisions based on the additional benefits and costs of an action compared to its alternatives.

Expected Exam Scores

The anticipated average or range of marks a student or group of students is predicted to achieve in an examination.

Studying Economics

The act of learning about how societies use scarce resources to produce valuable commodities and distribute them among different people.

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