Consider the following sample regression equation = 200 + 10x,where y is the supply for Product A (in 1000s)(in 1,000s)and x is the price of Product A (in $).If the price of Product A is $5,then we expect supply to be _____.

Question

Consider the following sample regression equation  = 200 + 10x,where y is the supply for Product A (in 1000s)(in 1,000s)and x is the price of Product A (in $).If the price of Product A is $5,then we expect supply to be _____.

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The Answer of Consider the following sample regression equation  = 200 + 10x,where y is the supply for Product A (in 1000s)(in 1,000s)and x is the price of Product A (in $).If the price of Product A is $5,then we expect supply to be _____.

Consider the Following Sample Regression Equation = 200