Exhibit 14-3

Multiple Choice

Exhibit 14-3.Consider the following sample regression equation ,where y is the demand for Product A (in 1000s) and x is the price of the product (in $) . Refer to Exhibit 14-3.The slope coefficient indicates that if

A) the price of Product A increases by $1,then on average,demand decreases by 20.
B) the price of Product A increases by $1,then on average,demand increases by 20.
C) the price of Product A increases by $1,then on average,demand decreases by 20000.
D) the price of Product A increases by $1,then on average,demand increases by 20000.