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Suppose You Have Quantity (Q)on the Horizontal Axis and Price

Question 65

Multiple Choice

Suppose you have quantity (Q) on the horizontal axis and price (P) on the vertical axis.After running an ordinary least squares regression you have the following results: Q = 100 - 0.02P.The slope of this equation is:


A) 100.
B) 0.001.
C) 50.
D) 0.02.

Correct Answer:

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