Question: 4. The demand functions for two relates products are given by q1= 60 - 4p1 + 6p2 and q2 = 75 + 8p1-4p2. (a )
4. The demand functions for two relates products are given by q1= 60 - 4p1 + 6p2 and q2 = 75 + 8p1-4p2.
(a ) determine the four marginal demands
( B) are product a and product 2 competitive or complementary? Explain
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