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Suppose the demand for good X is log-linear and given by lnQxd = 0 + xlnPx + ylnPy + MlnM + HlnH Income elasticity is
Suppose the demand for good X is log-linear and given by lnQxd = 0 + xlnPx + ylnPy + MlnM + HlnH Income elasticity is Multiple choice question. M lnM lnx y
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