The very restrictive nature of systems of supply and demand functions which have constant elasticities is well known. The same is not true of single constant own-price elasticity demand functions.
https://doi.org/10.4169/amer.math.monthly.119.07.603 • https://www.jstor.org/stable/10.4169/amer.math.monthly.119.07.603 Copy URL Abstract We prove the following ...