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Non linear relationship. i. Select and estimate any form of non linear relationship. ii. Is the estimated demand function good? Why or why not? Compare

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Non linear relationship.

i. Select and estimate any form of non linear relationship.

ii. Is the estimated demand function "good"? Why or why not? Compare with the linear form above. Elaborate.

image text in transcribed
REQUIREMENT: You have been presented with the following data and asked to t statistical demand functions

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