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You estimate the regression model logYi = 0 1logXi ui . How can we interpret the slope coefficient in this log-log model? (A) the elasticity
You estimate the regression model logYi = 0 1logXi ui . How can we interpret the slope coefficient in this log-log model? (A) the elasticity of Y with respect to X (B) the effect that a unit change in X has on Y (C) the effect that a 0.1 change in X has on Y (D) Y/Y X (E) logY X 3. You estimate th
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Economics of Managerial Decisions
Authors: Roger Blair, Mark Rush
1st edition
134166167, 978-0134166162, 9780134140773 , 978-0133548235
