Using Excel, Big Pies Pizzas estimates the log-linear weekly demand function for their pizza to be ln Qd = 8.23 - (1.50 × ln P). At a price of $10, what is the predicted natural logarithm of the quantity (ln Qd ^ )?
A) 4.78 B) -6.77 C) 118.64 D) 0
A) 4.78
Anthropology & Archaeology
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