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Exhibit 14-3

Question 13

Multiple Choice

Exhibit 14-3.Consider the following sample regression equation 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.If the price of Product A is $5,then we expect demand to be A) 50 B) 500 C) 5,000 D) 50,000. ,where y is the demand for Product A (in 1000s) and x is the price of the product (in $) . Refer to Exhibit 14-3.If the price of Product A is $5,then we expect demand to be


A) 50
B) 500
C) 5,000
D) 50,000.

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