In the determining function for Sales given by Salesi = ?0 + ?1Pricei + Ui, what is the role of Ui?

A. Factors correlated with price that do not impact sales
B. Factors other than price that impact sales
C. Factors uncorrelated with price that do not impact sales
D. Pure measurement error in price


Answer: B

Biology & Microbiology

You might also like to view...

The matched pairs of chromosomes within a diploid organism, such as a human, are described as which of the following?

a. homologous chromosomes b. heterologous chromosomes c. gametic chromosomes d. somatic chromosomes

Biology & Microbiology

What type of connection exists between the atoms at the point labeled 1 in the accompanying figure?

a. peptide bond b. disulfide bond c. hydrogen bond

d. glycoside linkage e. phosphodiester linkage

Biology & Microbiology

The rate of contaminant microbial growth during the exponential phase in food depends on

A) temperature. B) the nutrient value of the food. C) water content. D) temperature, nutrient value, and water content.

Biology & Microbiology

Signaling molecules secreted by one individual that modify the behavior of others are:

a. corticosteroids b. pheromones c. releasing hormones d. inhibiting hormones e. glucocorticoids

Biology & Microbiology