The Demand for Good X Is Given by LnQ_x^d =

question 93

Multiple Choice

The demand for good X is given by lnQ_x^d = 120 - 0.9 lnP_x + 1.5 lnP_y - 0.7 lnM.Which of the following statements is correct?

• A)X has constant income elasticity.
• B)An economic downturn will increase demand for X.
• C)A 15% increase in income would increase demand for X by 10.5%.
• D)X has a constant income elasticity and an economic downturn will increase the demand for X.

---

Definitions:

Menstrual History

A detailed record of a woman's menstrual cycles, including cycle length, flow characteristics, and any associated symptoms, important for assessing reproductive health.

Obstetric History

A record of a woman's pregnancies, including outcomes and complications.

Reproductive Tract

A system of internal and external organs in both males and females that work together for the purpose of procreation.