Learn R Programming

beezdemand (version 0.2.0)

.check_unit_elasticity: Check Unit Elasticity Condition

Description

Check Unit Elasticity Condition

Usage

.check_unit_elasticity(elasticity, tol = 0.1)

Value

Logical TRUE if |eta + 1| < tol

Arguments

elasticity

Numeric elasticity value

tol

Tolerance for comparing to -1 (default 0.1)