Question: 7. (5 points) The demand functions for two products are given below. p1, p2, q1,and q2 are the prices (in dollars) and quantities for products

 7. (5 points) The demand functions for two products are given

7. (5 points) The demand functions for two products are given below. p1, p2, q1,and q2 are the prices (in dollars) and quantities for products 1 and 2. Are these two products complementary goods or substitute goods? Justify your answer with a sentence. 91 - 200 - 3p1 + p2 92 - 150 + p1 - 2p2 8. (5 points) The demand functions for two products are given below. p1, p2, 91,and q2 are the prices (in dollars) and quantities for products 1 and 2. Are these two products complementary goods or substitute goods? Justify your answer with a sentence. 91 - 350 + p1 + 2p2 92 - 225 + P1 + P2 9. (5 points) Consider the Cobb-Douglas production function P(L, K) = 610.610.4. Find the total units of production when 19 units of labor and 12 units of capital are invested

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