MICROWAVABLE FOOD / TUTORIALOUTLET DOT COM - PowerPoint PPT Presentation

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MICROWAVABLE FOOD / TUTORIALOUTLET DOT COM

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= - 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: – PowerPoint PPT presentation

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Title: MICROWAVABLE FOOD / TUTORIALOUTLET DOT COM


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MICROWAVABLE FOOD / TUTORIALOUTLET DOT COM
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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 competitors product 600 cents per
3-pack unit I (in dollars)
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MICROWAVABLE FOOD / TUTORIALOUTLET DOT COM
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