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ln measuring price elasticity, price is a dependent variable and quantity is an independent variable |
Answer» <html><body><p></p><a href="https://interviewquestions.tuteehub.com/tag/solution-25781" style="font-weight:bold;" target="_blank" title="Click to know more about SOLUTION">SOLUTION</a> :Price is an <a href="https://interviewquestions.tuteehub.com/tag/independent-505826" style="font-weight:bold;" target="_blank" title="Click to know more about INDEPENDENT">INDEPENDENT</a> <a href="https://interviewquestions.tuteehub.com/tag/variable-1442996" style="font-weight:bold;" target="_blank" title="Click to know more about VARIABLE">VARIABLE</a> and quantity is a <a href="https://interviewquestions.tuteehub.com/tag/dependent-948496" style="font-weight:bold;" target="_blank" title="Click to know more about DEPENDENT">DEPENDENT</a> variable.</body></html> | |