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For the Following, Please Answer "True" or "False" and Explain

question 17

True/False

For the following, please answer "True" or "False" and explain why.
-Suppose the demand for widgets is given by QD = 100 - 5p - pd + 2I,where Y is average consumer income,p is the price of lemons,and pd is the price of doodads.According to this equation,widgets are an inferior good.


Definitions:

Favors Of The Same Size

Acts of kindness or assistance that are comparable in magnitude or extent.

Use Of Pressure

The application of force or influence to persuade or compel someone to act in a certain way.

Power Holder

An individual or entity that possesses control or authority over others, typically within a specific context such as an organization or society.

Resources Denied

Situations where access to necessary or desired resources is restricted or not granted.

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