Multiple Choice
The demand equation Q = .5p-.75 is equivalent to the log-linear demand equations
A) Q = ln(.5) - .75ln(p)
B) ln(Q) = ln(.5) - .75ln(p)
C) ln(Q) = .5 - .75ln(p)
D) ln(Q) = ln(.75) - .5ln(p)
Correct Answer:
Verified
Correct Answer:
Verified
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