Discussion questions Question1 Prompt: Read “YOU’RE THE ECONOMIST: Cigarette Smoking Price Elasticity of Demand” in Chapter 5. According to the previous discussion, what factors influence the price elasticity of demand for cigarettes? What other factors not mentioned in the article might also influence the price elasticity of demand for cigarettes? Requirements: 250 words minimum initial […]
Develop and test appropriate hypotheses concerning the regression coefficients for the PP, DPC, and IPC variables using the t-test at the 5-percent level.
Reviews questions – Applied Econometrics Homework Two (Submit Completed Assignment Online via Canvas by 11:59PM on Sunday, March 5, 2022) You are attempting to see if the pharmaceutical industry practiced international price discrimination by estimating a model of the prices of pharmaceuticals in a cross section of 32 countries. You assume that if price discrimination […]