Explain briefly what is meant by a. Log-log model b. Log-lin model c. Lin-log model d. Elasticity
Question:
a. Log-log model
b. Log-lin model
c. Lin-log model
d. Elasticity coefficient
e. Elasticity at mean value
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a In a loglog model the dependent and all explanatory variables are in the logarithmic form ...View the full answer
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