Refer to the table below. Which of the following statements is true?
The demand for your product demands on three factors; the price of your good, the price of a related good, and the average income of your customers. Excel estimated the above linear demand for your product.
A) The R2 indicates that the regression provides a good fit to the actual data.
B) None of the variables included in the regression affect the demand for your product.
C) Only the price of your good affects the demand for your product.
D) The related good is a complement to your good.
A) The R2 indicates that the regression provides a good fit to the actual data.
You might also like to view...
Historical narratives are stories that describe events that
A happened in ancient times. B happened in other worlds or realms. C happened in a society's past. D happened in the speaker's life. E may happen in the future.
If you are excavating a culturally homogeneous stratum or set of strata within a single site, you are excavating a(n)
a. component. b. assemblage. c. temporal type. d. period. e. phase.
Which of the following is the most noticeable object of linguistic change?
a. Vocabulary. b. Morphology. c. Syntax. d. Kinesics. e. Proxemics.
Picking up the "White Man's Burden" meant:
a. Bringing civilization to the colonized. b. Shipping slaves from Africa to the Americas. c. Building factories and railroads. d. Finding ways to invest the profits derived from colonialism. e. Using force to control native populations under colonial rule.