Suppose demand is given by Q _x^d = 50 − 4P_x + 6P_y + A_x,where P_x = $4,P_y = $2,and A_x = $50.What is the quantity demanded of good x? A) 96 B) 50 C) 46 D) 72

Name: Suppose demand is given by Q x d = 50 − 4P x + 6P y + A x ,where P x = $4,P y = $2,and A x = $50.What is the quantity demanded of good x? A) 96 B) 50 C) 46 D) 72
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Quizplus · Accepted Answer

The quantity demanded of good x can be calculated by substituting the given values into the demand equation: Q = 50 - 4(4) + 6(2) + 50 = 50 - 16 + 12 + 50 = 96.

Suppose Demand Is Given by Q xd = 50 −

Suppose Demand Is Given by Q _x^d = 50 −