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Consider the Following Sample Regression Equation = 200

Question 39

Multiple Choice

Consider the following sample regression equation Consider the following sample regression equation = 200 + 10x,where y is the supply for Product A (in 1000s) (in 1,000s) and x is the price of Product A (in $) .If the price of Product A is $5,then we expect supply to be _____. A) 250 B) 2,500 C) 25,000 D) 250,000. = 200 + 10x,where y is the supply for Product A (in 1000s) (in 1,000s) and x is the price of Product A (in $) .If the price of Product A is $5,then we expect supply to be _____.


A) 250
B) 2,500
C) 25,000
D) 250,000.

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