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