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A regression model to predict market share (Y, as a percent) based on product price (X1, in dollars) and number of competitors in the market
A regression model to predict market share (Y, as a percent) based on product price (X1, in dollars) and number of competitors in the market (X2, a count) is reported: Select the most appropriate interpretation of the intercept
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Intermediate Microeconomics
Authors: Hal R. Varian
9th edition
978-0393123975, 393123979, 393123960, 978-0393919677, 393919676, 978-0393123968
