Hone, Phillip (contributor); Haszler, Henry (contributor); … - 2008
demand elasticities from stated preference data gathered in a producer/household survey.
The general form of the own price elasticity of supply is given by the following:
Q
P
P
Q
*
∂
∂
=ε … (1)
Where: ε = own price elasticity of supply for some good x
Q = quantity of good x supplied
P ….75 3.25 3.75 4.25 4.75 5.25 5.75 6.25 6.75
Hous
eho
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ds
(No
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Own‐Price Elasticity –Cassava
Western
Northern
Eastern …