Use the following general linear demand relation: $Q _ { d } = 100 - 5 P + 0.004 M - 5 P _ { R }$ where P is the price of good X,M is income,and $P _ { R }$ is the price of a related good,R.From the demand function it is apparent that related good R is

Question

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A complement is a good that is typically consumed together with another good, so a decrease in the price of one good will increase the demand for the other good. In this demand function, the quantity demanded of good X decreases as the price of the related good R decreases. Therefore, R is a complement for X.

Use the Following General Linear Demand Relation Qd=100−5P+0.004M−5PRQ _ { d } = 100 - 5 P + 0.004 M - 5 P _ { R }Qd​=100−5P+0.004M−5PR​

Use the Following General Linear Demand Relation $Q _ { d } = 100 - 5 P + 0.004 M - 5 P _ { R }$