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If the beta-weight of the first independent (X1) is .45 and the beta-weight of the second independent (X2) is -.50,then
Price
The sum of money needed to buy a product, service, or commodity.
Quantity
The amount or number of a material or immaterial good considered as a unit or in discrete amounts.
Producer Surplus
The difference between what producers are willing to accept for a good versus what they actually receive in the market.
Price
The monetary figure anticipated, obligated, or dispensed in transaction for a service or good.
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