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Suppose that you have data on P, Q, Z, and W. You estimate equations (8B.1) and (8B.3), with the following results. P = 200 -

Suppose that you have data on P, Q, Z, and W. You estimate equations (8B.1) and (8B.3), with the following results. P = 200 - 10Q + 5Z + 2.5ZQ (8B.1) P = 40 - 27Q - 1.5ZQ + 2.3W (8B.3) Given this information, calculate the implied Lerner Index.

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