Explore BrainMass
Share

Multiple Choice Economics

The constant or intercept term in a statistical demand study represents the quantity demanded when all independent variables are equal to:

a. 1.0

b. their minimum values

c. their average values

d. 0.0

e. none of the above

© BrainMass Inc. brainmass.com July 21, 2018, 6:05 am ad1c9bdddf

Solution Summary

The solution answers the question(s) below.

$2.19