Multiple Choice
Exhibit 14-4.Consider the following sample regression equation ,where y is the supply for Product A (in 1000s) and x is the price of Product A (in $) . Refer to Exhibit 14-4.If the price of Product A increases by $3,then we expect the supply for Product A to
A) increase by 30.
B) decrease by 30.
C) increase by 30,000.
D) decrease by 30,000.
Correct Answer:

Verified
Correct Answer:
Verified
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