Question: Suppose the demand function for avocados is given by Q = 104 4p - 2pt 0.01Y, where pt = price of a related good and
Suppose the demand function for avocados is given by Q = 104 4p - 2pt 0.01Y, where pt = price of a related good and Y = consumer's income. Which of the following statements is true? Group of answer choices Avocados and the related good are complements. Avocados and the related good are substitutes. Avocados are inferior goods. Avocados and the related good can be substitutes or complements depending on whether Pt increases or decreases
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