Demand functions in the multiplicative form are most common for all of the following reasons except: Answer elasticities are constant over a range of data ease of estimation of elasticities exponents of parameters are the elasticities of those variables marginal impact of a unit change in an individual variable is constantSource: http://www.homeworkminutes.com/question/view/47619/ECO-550ECO-550-Midterm
HomeworkMinutes.com