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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 …The main purpose of our study is to estimate the demand equation, and by using this equation we have to forecast the … future demand. Economic theory postulates that the demand for a commodity arises from the consumers' willingness and ability …
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Demand elasticities and other features of demand are critical determinants of the answers to most positive and … normative questions about market power or the functioning of markets in practice. As a result, reliable demand estimation is an … discussion of some foundational issues in demand estimation. We focus on the distinctive challenges of demand estimation and …
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