Question: Suppose demand for good A is given by DA = 500 - 10 Pa + 2 Pb + 0.70I where Pa is the price of
Suppose demand for good A is given by DA = 500 - 10 Pa + 2 Pb + 0.70I where Pa is the price of good A, Pbis the price of some other good B, and I is income. Assume that Pa is currently $10, Pb is currently $5, and I is currently $100.
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