Use the Following General Linear Demand Relation $Q _ { d } = 100 - 5 P + 0.004 M - 5 P _ { R }$

question 7

Multiple Choice

Use the following general linear demand relation: $Q _ { d } = 100 - 5 P + 0.004 M - 5 P _ { R }$ where P is the price of good X,M is income,and $P _ { R}$ is the price of a related good,R.Income is $80,000,and the price of the related good is $40.Also let consumers' tastes change so that consumers now demand 100 more units at each price.When the price of the good is $50,how many units of the good are demanded?

• A)70
• B)200
• C)220
• D)100
• E)none of the above

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Definitions:

Core Job Dimension

Fundamental aspects of a job that affect employee motivation and job satisfaction, such as skill variety, task identity, and feedback.

Critical Psychological State

Refers to an individual's mental condition that can significantly influence their motivation, efficiency, and satisfaction in the workplace.

Continuous Basis

Operating or functioning in a seamless, uninterrupted manner over time.

Social Information-processing Model

A theory that explains how individuals perceive, interpret, and respond to social information in their environment.