Question: Assume a demand equation for good 'x': Q = 9 - 0.1p - Py + 0.01P2 + 0.0005Y; where p = own price of the

Assume a demand equation for good 'x': Q = 9 -

Assume a demand equation for good 'x': Q = 9 - 0.1p - Py + 0.01P2 + 0.0005Y; where p = own price of the good Py = price of a related good = $3 Q = quantity demanded pz = price of a different related good = $200 Y = consumer income = $4,000/mo. The quantity demanded as a function of the price can be written: Q=

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