Consider the Following Sample Regression Equation = 200

question 105

Multiple Choice

Consider the following sample regression equation = 200 + 10x,where y is the supply for Product A (in 1000s) (in 1,000s) and x is the price of Product A (in $) .The slope coefficient indicates that if ___________.

• A) the price of Product A increases by $1,then on average,supply decreases by 10
• B) the price of Product A increases by $1,then on average,supply increases by 10
• C) the price of Product A increases by $1,then on average,supply decreases by 10,000
• D) the price of Product A increases by $1,then on average,supply increases by 10,000

---

Definitions:

Lateralization

The specialization of functions in distinct hemispheres of the brain, where one side is commonly more involved in certain tasks (e.g., language in the left hemisphere, spatial abilities in the right).

Brain Organization

The way in which the structures of the brain are arranged and interact to perform various functions.

Language Function

The purpose language serves in communication, such as to inform, persuade, question, or command.

Right Frontal Cortex

Part of the brain located in the front of the right hemisphere, associated with tasks involving judgment, problem-solving, and emotional regulation.