A regression analysis between demand (y in 1000 units) and price (x in dollars) resulted in the following equation:
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= 9 - 4x
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The above equation implies that if the price is increased by $1, the demand is expected to
A. increase by 5 units.
B. decrease by 4 units.
C. decrease by 5000 units.
D. decrease by 4000 units.
Answer: D
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