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analysis: Answers for the following questions to be included in the a) Exhibit 6 in Keurig case presents the results from an early street intercept
analysis: Answers for the following questions to be included in the a) Exhibit 6 in Keurig case presents the results from an early street intercept testing. In this exhibit, Awares are respondents who became familiar with the Keurig system through their office. Non-awares are those who were not familiar with the Keurig system. Using all the information in Exhibit 6, estimate the price elasticity for a brewer. Use a log-log model to determine the price elasticity. Please show the steps and calculation step by step
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