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insherro insherro
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Posts: 671
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7 years ago
Assume the supply function for good X can be written as
Qs = -100 + 27Px - 5Py - 1.8W
where Px = the price of X,
Py = the price of good Y, and
W = Wage index for workers in industry X.
This equation implies that X and Y are complements in production.
Textbook 
Economics for Managers

Economics for Managers


Edition: 3rd
Author:
Read 72 times
1 Reply
University of Ottawa - Economics for Managers
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Answer verified by a subject expert
andyborziandyborzi
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Posts: 449
7 years ago
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insherro Author
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7 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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Yesterday
Correct Slight Smile TY
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2 hours ago
Smart ... Thanks!
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