Question: please help me 2. A market demand is given by 0;! = 200 - 3.5PA + 2.5P3+ 0.04M, where (.14 is the quantity demanded of

please help me

2. A market demand is given by 0;! = 200 - 3.5PA + 2.5P3+ 0.04M, where (.14 is the quantity demanded of good A, PA is good A's price. P5 is good B's price. and M is the average good A's consumer monthly income. If PA = $12, Pa = $10, and M: $2,500, a. calculate good A's (point) own-price elasticity; (1) b. calculate good A's (point) cross-price elasticity; (1) c. calculate good A's (point) income elasticity; (1) d. Are A and B complements or substitutes? Explain how you know. (1) e. Is A normal or inferior good? Explain how you know. (1)

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