Suppose the Demand for Good X Is Ln Q_x^d =

question 152

Multiple Choice

Suppose the demand for good x is ln Q_x^d = 21 − 0.8 ln P_x − 1.6 ln P_y + 6.2 ln M + 0.4 ln A_x.Then we know good x is:

• A) an inferior good.
• B) an elastic good.
• C) a normal good.
• D) a Giffen good.

---

Definitions:

Math Assessments

Tools or methods used to evaluate a student's understanding, knowledge, skills, and proficiency in mathematics.

Gender Gap

The disparities between genders in various aspects of life, including social, political, intellectual, cultural, or economic attainments.

Self-Objectification

The tendency to perceive oneself primarily as an object to be evaluated based on appearance, rather than based on other qualities or attributes.

Physical Appearance

The visible characteristics and attributes of a person, including body shape, facial features, hair, and skin tone.