Question: The estimated demand function for pizza is Qd = 500 - 20P, where P is the price of pizza and Qd is quantity of pizza

The estimated demand function for pizza is Qd = 500 - 20P, where P is the price of pizza and Qd is quantity of pizza demanded. If the price of pizza is $12, the predicted quantity of pizza demanded is ____________. If the actual quantity of pizza demanded is 280, the residual is ____________. Group of answer choices 260; 500 260; 20 476; 9 500; 20

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