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MICROWAVABLE FOOD / TUTORIALOUTLET DOT COM

=<br>- 5200 - 42P 20PX 5.2I 0.20A 0.25M<br>(2.002) (17.5) (6.2) (2.5) (0.09) (0.21)<br>R2 = 0.55<br>n = 26<br>F = 4.88<br>Your supervisor has asked you to compute the elasticities for each independent<br>variable. Assume the following values for the independent variables:<br>

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MICROWAVABLE FOOD / TUTORIALOUTLET DOT COM

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  1. MICROWAVABLE FOOD / TUTORIALOUTLET DOT COM

  2. MICROWAVABLE FOOD / TUTORIALOUTLET DOT COM Microwavable food FOR MORE CLASSES VISIT www.tutorialoutlet.com = - 5200 - 42P + 20PX + 5.2I + 0.20A + 0.25M (2.002) (17.5) (6.2) (2.5) (0.09) (0.21) R2 = 0.55 n = 26 F = 4.88 Your supervisor has asked you to compute the elasticities for each independent variable. Assume the following values for the independent variables: Q = Quantity demanded of 3-pack units P (in cents) = Price of the product = 500 cents per 3-pack unit PX (in cents) = Price of leading competitor’s product = 600 cents per 3-pack unit I (in dollars)

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