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The demand function for roses was estimated using the following regression. Based on the results, what happens if Disposable Income (M) increases by 1 unit?

The demand function for roses was estimated using the following regression. Based on the results, what happens if Disposable Income (M) increases by 1 unit? Coefficient Standard Error t-stat p-value Intercept 1664.46 62.13 26.79 0.000 Price of Roses -6.68 3.24 -2.06 0.043 Disposable Income (M) 9.73 0.34 28.62 0.000

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