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koklok123 koklok123
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6 years ago
A regression analysis between demand (y in 1000 units) and price (x in dollars) resulted in the following equation: y = 9 - 3x 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 6000 units.
  d. decrease by 3000 units.
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6 years ago
d
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