Question: 2. describe a demand curve and demand function? an equation for a sample demand function and describe it (don't forget to include forecast error).? How

2. describe a demand curve and demand function?

an equation for a sample demand function and describe it (don't forget to include forecast error).?

How would you forecast sales of your product with the demand equation you wrote above?

What is price and income elasticity of demand and show the equation for these?

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