A constant-elasticity demand function can be obtained by: A) taking t
A constant-elasticity demand function can be obtained by:
A) taking the logarithm of the dependent variable only.
B) taking the logarithm of the independent variable(s) only.
C) taking the logarithm of the dependent and independent variable(s).
D) taking the reciprocal of the dependent variable(s).
ANSWER
C
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