題組內容
II. QUESTIONS: (20%, each question 4%) Lee Da-Qian estimates the empirical results for instant noodles for the logarithmic demand function as follows: 
However, Wang Xiao-Qian estimates the empirical result of instant noodles is a straight line demand function as follows:
Where D is demand of instant noodles, Y is income, P is price of instant noodles, D is days of raining in a year, F is sale amount of fried pork noodles. The number in parentheses is the t-value.
Questions:
3. What is the price elasticity of demand for instant noodles? Lee Da-Qian or Wang Xiao-Qian will claim that it owns price elasticity of demand, who do you believe in? If the price of noodles reduced, the company's revenue will increase or will decrease? Why?