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Home Q & A Board Other Fields Homework Help Business Economics
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hiusy98 hiusy98
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Posts: 1526
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7 years ago
Assume the demand function for good X can be written as
Qd = 80 - 3Px + 2Py + 10I
where Px = the price of X,
Py = the price of good Y, and
I = Consumer income.
This equation implies that X and Y are substitutes.
Textbook 
Economics for Managers

Economics for Managers


Edition: 3rd
Author:
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sofreshsofresh
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7 years ago
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1
Sweet Caroline
Good times never seemed so good
I've been inclined,
To believe they never would
Oh, no, no

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hiusy98 Author
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#2
7 years ago
I owe you my life lol
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