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Exhibit 14-3

Question 89

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 the good increases by $3,then we expect demand for Product A to A) increase by 60. B) decrease by 60. C) decrease by 60000. D) increase by 60000. ,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 the good increases by $3,then we expect demand for Product A to


A) increase by 60.
B) decrease by 60.
C) decrease by 60000.
D) increase by 60000.

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