Question: Consider the following nonlinear model with multiplicative errors: a. Show how you would obtain the coefficient estimates. Coefficient restrictions must be satisfied. Show all your

Consider the following nonlinear model with multiplicative errors:

a. Show how you would obtain the coefficient estimates. Coefficient restrictions must be satisfied. Show all your work and explain what you are doing.
b. What is the constant elasticity for Y versus X4? Show all your work.

Y = ByX X X Xe Bi + B2 = 1 Ba + B4 = 1

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