Question: 3. The demand function of a good is Q = 100 - P + 2y + -4 (a) Calculate the demand when P =10, Y=40

3. The demand function of a good is Q = 100 - P + 2y + -4 (a) Calculate the demand when P =10, Y=40 and A =6. (b) Assuming that the price and income are fixed, calculate the additional advertising expenditure needed to raise demand to 179 units (c) Is this good inferior or normal? price is $80 demand is 240 units. If

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