Because there will always be some random factors of demand that we cannot capture, which of the following is added to the regression equation?
A)an intercept
B)consumers' incomes
C)the price of the good
D)a random error term

Name: Because there will always be some random factors of demand that we cannot capture, which of the following is added to the regression equation? A)an intercept B)consumers' incomes C)the price of the good D)a random error term
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Question

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The Answer is D

Because There Will Always Be Some Random Factors of Demand