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Results tagged with elasticity
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user 157654
In economics, a measure of the sensitivity or responsiveness of a variable corresponding to a change in another variable. Common applications in empirical research include price or income elasticity of demand. For example, what is the percent change in quantity demanded for gasoline when price is increased by 1%?
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Elasticity Panel Data
After obtaining the model, I would like to calculate the elasticity of the Profit x Product by group, like this.
How can make this analysis of elasticity?
I would like to make this analysis in R. …
