Question 1
What are the relevant factors to be considered for modeling a demand function for Maa mustard oil?
Question 2
How is each factor you have identified related to elasticities of demand?
Question 3
What model and functional form is appropriate to show the impact of each factor you have identified using OLS regression techniques and why?
Sample Solution
ality and Diversity UAS (2014) also indicates that disabilities covered by the Act can also include; Conditions such, as Asperger Syndrome and other Autism Spectrum Disorders. According to Equality and Diversity UAS (2014) specific learning difficulties will also now be included under the EA. These will include Dyslexia, Dyspraxia, and Attention Deficit Hyperactivity Disorder (ADHD). The EA will require schools to assess these students and make the necessary provision under SEN. Therefore the EA will have had an impact upon the students who will be assessed as disabled and need SEN adjustments within schools. Equality and Diversity UAS (2014) then further defines what can be classed as a disability under the EA. A long-term is defined as a disability where effects last at least 12 months Temporary conditions which are likely to last less than 12 months will not be covered by the EA. These could include temporary infection or a broken limb. However, some adjustments may be made within school to accommodate such conditions. Normal day-to-day activity includes activities which are carried out by most people on a fairly regular and frequent basis, for example using the stairs. How does the EA define Disability and Special educational Needs (SEN)? One important aspect of the EA (2010) is that not all children who are defined as disabled will have Special Educational Needs. For example, those with asthma arthritis or diabetes may not have SEN but may have rights under the EA. The EA (2010) definition for schools for disabled students comes from the EA and the definition for SEN students comes from the Education Act 1996. The impact on schools will be that there will be a significant overlap between the two groups of children. A child may fall within one or more of the definitions. The Department of Education defines children with SEN as children have a learning difficulty if they: Have a significantly greater difficulty in learning than the majority of children of the same age Have a disability which prevents or hinders them from making use of educational facilities of a kind generally provided for children of the same age in schools within the area of>
ality and Diversity UAS (2014) also indicates that disabilities covered by the Act can also include; Conditions such, as Asperger Syndrome and other Autism Spectrum Disorders. According to Equality and Diversity UAS (2014) specific learning difficulties will also now be included under the EA. These will include Dyslexia, Dyspraxia, and Attention Deficit Hyperactivity Disorder (ADHD). The EA will require schools to assess these students and make the necessary provision under SEN. Therefore the EA will have had an impact upon the students who will be assessed as disabled and need SEN adjustments within schools. Equality and Diversity UAS (2014) then further defines what can be classed as a disability under the EA. A long-term is defined as a disability where effects last at least 12 months Temporary conditions which are likely to last less than 12 months will not be covered by the EA. These could include temporary infection or a broken limb. However, some adjustments may be made within school to accommodate such conditions. Normal day-to-day activity includes activities which are carried out by most people on a fairly regular and frequent basis, for example using the stairs. How does the EA define Disability and Special educational Needs (SEN)? One important aspect of the EA (2010) is that not all children who are defined as disabled will have Special Educational Needs. For example, those with asthma arthritis or diabetes may not have SEN but may have rights under the EA. The EA (2010) definition for schools for disabled students comes from the EA and the definition for SEN students comes from the Education Act 1996. The impact on schools will be that there will be a significant overlap between the two groups of children. A child may fall within one or more of the definitions. The Department of Education defines children with SEN as children have a learning difficulty if they: Have a significantly greater difficulty in learning than the majority of children of the same age Have a disability which prevents or hinders them from making use of educational facilities of a kind generally provided for children of the same age in schools within the area of>
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