Roger, an account analyts made a regression analysis between sales (in P1000) and price (in pesos) resulted in the following equation: y = 50,000 - 9X The above equation implies that an The above...

Roger, an account analyts made a regression analysis between sales (in P1000) and price (in pesos) resulted in the following equation:

y = 50,000 - 9X

The above equation implies that an

The above equation implies that an

A. increase of P1 in price is associated with a decrease of P41,000 in sales

B. increase of P1 in price is associated with a decrease of P9 in sales

C. increase of P9 in price is associated with an increase of P9,000 in sales

D. increase of P1 in price is associated with a decrease of P9000 in sales