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Typically,the Sales Volume Declines with an Increase of a Product

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Typically,the sales volume declines with an increase of a product price.It has been observed,however,that for some luxury goods the sales volume may increase when the price increases.The following Excel output illustrates this rather unusual relationship. Typically,the sales volume declines with an increase of a product price.It has been observed,however,that for some luxury goods the sales volume may increase when the price increases.The following Excel output illustrates this rather unusual relationship.   Using the cubic regression equation,predict the sales if the luxury good is priced at $100. A)  1171.85 B)  1133.10 C)  1106.61 D)  1092.91 Using the cubic regression equation,predict the sales if the luxury good is priced at $100.


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