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Multiple Choice Economics

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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 September 21, 2018, 12:21 pm ad1c9bdddf - https://brainmass.com/economics/microeconomics/multiple-choice-economics-69108

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$2.19