日誌
A simple linear demand function may be stated as Q= a-bP+cI where Q is quantity
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【題目】 A simple linear demand function may be stated as Q= a-bP+cI where Q is quantity demanded , P is the product price, and I is consumer income. To compute an appropriate value for c, we can use observed values for Q and I and then set the estimated income elasticity of demand equal to.
Q／(cI)
c(I／Q)
-b(I／Q)
c(Q／I)
