The overall predictive power of the estimated regression equation is measured by the F-statistic

Occupational licensing is an example of an entry barrier that improves a country's standard of living

Indicate whether the statement is true or false

Use the above figure. The profit-maximizing output and price is

A) 600 and $16, respectively. B) 600 and $10, respectively. C) 600 and $8, respectively. D) 800 and $10, respectively.