Question: Question 10 (5 points) A regression analysis between demand (y in 1000 units) and price (x in dollars) resulted in the following equation: = 6

Question 10 (5 points) A regression analysis between demand (y in 1000 units) and price (x in dollars) resulted in the following equation: = 6 - 2x The above equation implies that if the price is increased by $1, the demand is expected to a) increase by 6 units b) decrease by 2 units c) decrease by 2,000 units d) decrease by 6,000 units

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