ln q 2737 - 1247 ln p 1905 ln iwhere q denotes


Ln Q = 2.737 - 1.247 ln P + 1.905 ln I

Where Q denotes passengers in thousands per year, P the (average) ticket price, and I US national income.

Determine the price elasticity, and income elasticity of demand

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Microeconomics: ln q 2737 - 1247 ln p 1905 ln iwhere q denotes
Reference No:- TGS0486805

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