Question: QUESTION 1 (20 points) 51 Consider Maria's demand function x = VPx-3py ax A. Find the derivative al B. Is x a normal or an

QUESTION 1 (20 points) 51 Consider Maria's demand function x = VPx-3py ax A. Find the derivative al B. Is x a normal or an inferior good? C. Find her income elasticity s, , and interpret your results. ox D. Find the derivative its sign and interpret it. (Hint: Rewrite the demand function as apx x = 51 (Px - 3py) and use the chain rule)

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