Question: please do the excel (show calculations ) files from the Internet can contain viruses. Unless you need to edit, it's say COULDN'T VERIFY SUBSCRIPTION Excel

please do the excel (show calculations )

please do the excel (show calculations ) files from the Internet can

files from the Internet can contain viruses. Unless you need to edit, it's say COULDN'T VERIFY SUBSCRIPTION Excel couldn't verify your Microsoft 365 subscription. Please make sure that you're co 19889043 2/3 - 110% + 121 X V fx calculate Q, Q5, and producer surplus (PS) when the market price is $300 in cells B9-BI I (0 A B C D E F G H points). Round your results to the nearest whole number. 1 ax aY aM Q x^d Own-price Elasticity Cross- 2 Enter Calculate 3 P X PY M 4 Enter estion 3: Elasticities of Demand en the following demand function for good X in your company: Qx = 150 - 2.5Px - 4Py + 0.01M, 8 ere Qy is the quantity demanded of X, Px is the price of good X, Py is the price of good Y, and M is 9 ome. 10 (1) (Calculating) Suppose that Px = 35, Py = 10, and M = $600. In the worksheet "Q3 11 Calculations" of the provided Excel file, enter corresponding values in B2-E2 and C4-E4 (0.2 12 points). Use formulas in H2-K2 to calculate the quantity demanded, the own-price elasticity of 13 demand for X, the cross-price elasticity of demand between X and Y, and the income elasticity o 14 demand for X (1.2 points). Please round your calculation results to two decimal places. 15 (2) (Answering) According to your calculation results, are goods X and Y substitutes or 16 complements? Is good X a normal good or an inferior good? Please provide your answers below 17 with some justification. (0.2 points) 18 19 20 21

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