Question: Using data collected from 1929 to 1941, Richard Stone determined that the yearly quantity Q of beer consumed in the United Kingdom was approximately given

Using data collected from 1929 to 1941, Richard Stone determined that the yearly quantity Q of beer consumed in the United Kingdom was approximately given by the formula Q = f (m, p, r, s), where f (m, p, r, s) = (1.058)m0.136p-0.727r0.914s0.816 and m is the aggregate real income (personal income after direct taxes, adjusted for retail price changes), p is the average retail price of the commodity (in this case, beer), r is the average retail price level of all other consumer goods and services, and s is a measure of the strength of the beer. Determine which partial derivatives are positive and which are negative, and give interpretations. (For example, sinceaf r 0,

people buy more beer when the prices of other goods increase and the other factors remain constant.)

af r 0,

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