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find that price elasticity is -0.825279 it means that demand of Dalda lie in inelastic portion, it means that if price … increase or decrease, there is less impact on the quantity demanded. Cross price elasticity of sultan is positive, its value is … 0.4964 it shows that it is substitute commodity. Cross price elasticity of Hoor should be positive, but according to our …
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change in technology and economic conditions. The objective of study is to calculate Elasticities, demand estimation, and … firm use as explanatory variables. For Estimation of demand, linear demand model is specified by using independent … price elasticity of demand is -2.82, cross price elasticity of demand w.r.t price of Mitsubishi is -0.02, cross price …
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nonstationary. We also establish the estimation theory and asymptotic properties for these models in the short horizon and long …
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