Mathematics, 11.03.2020 05:03 Becky81
A regression analysis between demand ( y in 1000 units) and price ( x in dollars) resulted in the following equation = 9 – 3 x The above equation implies that if the price is increased by $1, the demand is expected to.
a. increase by 6 units
b. decrease by 3 units
c. decrease by 6,000 units
d. decrease by 3,000 units
Answers: 2
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