If i want to know the relationship between oil consumptionc
If I want to know the relationship between Oil consumption(C), production(P) and reserves(R). Can regress C on P and R, then regress P on C and R, and then regress R on C and P? Why or why not?
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the elasticity of demand for oil is -05 and the elasticity of supply is 020 if the demand for oil increases 10 percent
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if i want to know the relationship between oil consumptionc productionp and reservesr can regress c on p and r then
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