Toring Enabled EXAM $7($d$)$

$5$

In the nonlinear function $Y^{-}=x^{-b}{z}^c,$ the parameter $b$ measures

Miltiple Choice

$A\frac{Y}{A}Z$

Both the percent change in $x$ for a $1$ percent change in $Y^{**}$ and "the elasticity of $Y$ with respect to $x"$:

Both "the percent change in $Y$ for a $1$ percent change in $x^{**}$ and "the elasticity of $Y$ with respect to $x"$:

Both $"\frac{Y}{}Z"$ and "the elasticity of $Y$ with respect to $Z.$

Both "the percent change in $Y$ for a $1$ percent change in $Z$ and "the elasticity of $Y$ with respect to $Z".$