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    Managerial Economics and Strategy Study Set 2
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    Exam 3: Empirical Methods for Demand Analysis
  5. Question
    The Random Error Term ________ the Effects of ________ Influences
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The Random Error Term ________ the Effects of ________ Influences

Question 44

Question 44

Multiple Choice

The random error term ________ the effects of ________ influences on the dependent variable that are not included as explanatory variables.


A) captures; observed
B) ignores; unobserved
C) ignores; observed
D) captures; unobserved

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