Use the following general linear demand function below:
where Qd = quantity demanded,P = the price of the good,M = income,
= the price of a good related in consumption.If c = 15 and d = 20,the good is
A) a normal good.
B) an inferior good.
C) a substitute for good R.
D) a complement with good R.
E) both a and c
Correct Answer:
Verified
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