Examlex
If the MRS at an initial market basket between books [B] and Frisbees [F] is 6B/1F for Dave and 3B/1F for Diane,then:
Regression
A statistical method used to understand the relationship between a dependent variable and one or more independent variables.
Kilowatt-Hours
A unit of energy measurement equal to the power consumption of one thousand watts for one hour.
Square Feet
A unit of area measurement in the Imperial and US customary systems, used to measure the size of an area.
Selling Price
The final amount of money charged for a product or service, representing the cost to the buyer under conditions of sale.
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