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This working paper analyzes the elasticity of the government\'s demand for specific weapons by examining the relationship between quantity and cost revisions across major weapon systems. It uses data from the Pentagon\'s Selected Acquisition Reports to derive estimates of demand elasticity, specifically finding a demand elasticity of 0.55, indicating an inelastic but not perfectly inelastic demand for weapon acquisition.
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What is how elastic is form?
The 'how elastic is form' is a specific document used for reporting certain data related to elasticity measurements in economic studies.
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Individuals or organizations that conduct research or analysis involving economic elasticity need to file the 'how elastic is form'.
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To fill out the 'how elastic is form', follow the guidelines provided in the accompanying instructions, ensuring to include all required data accurately.
What is the purpose of how elastic is form?
The purpose of the 'how elastic is form' is to collect standardized information on elasticity for analytical and reporting purposes.
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Information that must be reported includes elasticity coefficients, variables used in calculations, and any assumptions made during the analysis.
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