Regression analysis was applied between demand for a product (Y) and the price of the product (X) , and the following estimated regression equation was obtained. 
= 120 - 10 X Based on the above estimated regression equation, if price is increased by 2 units, then demand is expected to
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Luxurious Products
High-quality, often expensive goods that offer superior comfort, functionality, or prestige, and are not essential but highly desired.
Happiness
A state of well-being and contentment characterized by emotions ranging from contentment to intense joy.
Affect
The experience of feeling or emotion.
Marketers
Professionals who are involved in the promotion, distribution, and selling of products or services, aiming to fulfill customer needs and wants.
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