(Solved) Answer the CEO’s question. Namely, for each the four categories of expenditure (marketing, RD, equipment and supplies, and salaries and benefits),
Question: Answer the CEO’s question. Namely, for each the four categories of expenditure (marketing, R&D, equipment and supplies, and salaries and benefits), if the CEO increases spending in one category by one million dollars (holding the others fixed), how much increase in sales should he expect? If you found an interaction term, explain its effects as well. (10 pts)
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