Using Excel, Best Paints estimates the log-linear weekly demand function for their gallon sized paints to be ln Qd = 16.23 - (1.85 × ln P). At a price of $35, what is the predicted natural logarithm of the quantity (ln Qd ^ )?

A) 0 B) 15,562.20 C) 9.65 D) -48.52


C) 9.65

Anthropology & Archaeology

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Anthropology & Archaeology

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Anthropology & Archaeology

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Anthropology & Archaeology