Given the Demand Function Q_X = 1500 - 100P_X

question 50

Multiple Choice

Given the demand function Q_X = 1500 - 100P_X + 75P_Y + 1.5I + .06A where P_Y = $40.00. I = $2500, and A = $5,000, what is the equation of the demand curve for X?

• A) Q_X = 1500 - 100P_X
• B) Q_X = 1500 + 100P_X
• C) Q_X = 8550 - 100P_X
• D) Q_X = 8550 + 100P_X
• E) Q_X= 4275 - 100P_X

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