Question: Consider the following demand function for good X: Q = 9 - 0 . 1 p _ x - p _ y + 0 .
Consider the following demand function for good X: QpxpypzY
where Own Price, px$
Price of a related good, py$
Quantity demanded
Price of a related good, pz$
Consumer income, Y$
a The income elasticity of demand xi when equilibrium quantity is units and income is $ is equal to
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