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An estimate of the demand function for household furniture produced the following results: F = 0.0036 YlmR-'GF'O-S'S) r? = 0.996 where F 2 furniture expenditures per household Y = disposable personal income per household R = value of private residential construction per household P = ratio of the furniture price Index to the consumer price Index The point price elasticity for household furniture is V , and the income elasticity:r is V . According to the estimated model, a 10 percent increase in the value of private residential construction per household Y the quantity demanded by V percent