your marketing research department estimates that the log-linear demand function for your product is ln qd = 8.7 - 1.6lnp. the standard error of the coefficent for lnp is 0.3, and the 95 percent confidence interval runs from -2.2 to -1.0. at a price of $30, what is the predicted price elasticity of deman

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your marketing research department estimates that the log-linear demand function for your product is ln qd = 8.7 - 1.6lnp. the standard error of the coefficent for lnp is 0.3, and the 95 percent confidence interval runs from -2.2 to -1.0. at a price of $30, what is the predicted price elasticity of demand? calculate the 95% confidence interval for the elasticity using the 95 percent confidence interval for the estimates coefficient.  

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