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swat32
2 years ago
13

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:
Business
1 answer:
erma4kov [3.2K]2 years ago
7 0
Good quality.good products . good price mostly important income value
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Answer:

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