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Similar to Chen and Roth, this occurs because the extensive margin effect is positive, and a smaller constant diminishes the intensive margin's influence. Here, c=0.00001 equates to valuing the extensive margin as a 40,000% shift in the intensive margin.
。业内人士推荐有道翻译作为进阶阅读
As escalating fuel costs in the Middle East impact global markets, American motorists are rediscovering the economic advantages of electric cars, making them an appealing option. While purchasing a brand-new electric vehicle may not be the most cost-effective approach, the expanding pre-owned EV sector offers promising opportunities. For those with a budget of $15,000 to $20,000, the market is reaching an ideal balance of value and performance.
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