Question: Consider the following sample regression equation >= 150 - 20x, where y is the demand for Product A (in 1,000s) and x is the price

Consider the following sample regression equation >= 150 - 20x, where

Consider the following sample regression equation >= 150 - 20x, where y is the demand for Product A (in 1,000s) and x is the price of the product (in $). If the price of the good increases by $3, then we expect demand for Product A to O increase by 60,000 O decrease by 60,000 O increase by 60 O decrease by 60

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