We obtain the following demand curve of beef in a market with 25 observations: Q with hat on top equals 635.736 - 48.165 P, where Q is quantity demanded of beef measured in pounds, P is price measured in dollars per pound. The standard error of the slope coefficient is 2.546. What is the upper bound of the 95% confidence interval of the slope coefficient

Emil motycka is considered an entrepreneur because

Stella company sells only two products, product a and product b. product a product b total selling price $50 $30 variable cost per unit $20 $10 total fixed costs $2,110,000 stella sells two units of product a for each unit it sells of product b. stella faces a tax rate of 40%. stella desires a net afterminustax income of $54,000. the breakeven point in units would be

If a product goes up in price, and the demand for it drops, that product's demand is a. elastic b. inelastic c. stable d. fixed select the best answer from the choices provided