2. A researcher is using the following log-linear equation as part of a hedonic study that is attempting to estimate the value of cleaning up a hazardous waste site: MIG?) = (I + 311101) + 2(3') + E where: p is the price of each house in the area surrounding the hazardous waste site; X is distance (in feet) of a house from the hazardous waste site; 3; is a vector of housing k variable characteristics (e.g., number of bathrooms, size of house, etc.) for each house; Bis the estimated coefficient between the price of a house and its distance from a hazardous waste site; and z is a vector of k estimated coefficients between housing variable characteristics and the price of a house in the area surrounding the hazardous waste site. Show that the estimated coefficient, B, in the equation (which shows the relationship between the price of a house and its distance from a hazardous waste site) is an elasticity