Question: To calculate price elasticity in a regression framework, we need to specify the following: O a. Regress Sales on Price b. Regress Log Sales on

To calculate price elasticity in a regression framework, we need to specify the following:

O a. Regress Sales on Price

  • b. Regress Log Sales on Log Price
  • c. Regress Sales on Log Price
  • d. Any of the above

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