For the demand for chicken function estimated in Eq. (8.6.24), is the estimated income elasticity equal to

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For the demand for chicken function estimated in Eq. (8.6.24), is the estimated income elasticity equal to 1? Is the price elasticity equal to −1?

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Basic Econometrics

ISBN: 978-0073375779

5th edition

Authors: Damodar N. Gujrati, Dawn C. Porter

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