Suppose the Demand for Good X Is Given by Q^d_x

question 30

Multiple Choice

Suppose the demand for good X is given by Q^d_x = 10 - 2P_x + P_y + M.The price of good X is $1, the price of good Y is $10, and income is $100.Given these prices and income, how much of good X will be purchased?

• A)115.
• B)515.
• C)1,000.
• D)none of the statements associated with this question are correct.

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