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Author Question: Consider the following equations for the demand for good A, where QAdenotes quantity demanded, ... (Read 62 times)

Tb12162018

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on: Oct 12, 2022
Consider the following equations for the demand for good A, where QA denotes quantity demanded, PA denotes price, and M denotes income:
1. QA = 120 + 3.5 PA + 14M
2. QA = 120 - 3.5 PA + 14M
3. QA = 120 - 3.5 PA - 14M
Which of these equations represents a downward-sloping demand curve for an inferior good?
◦ 1 only
◦ 2 only
◦ 3 only
◦ 1 and 2
◦ none of the equations
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by Tb12162018 on Oct 12, 2022

nikspatel037

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Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Tb12162018

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Reply 2 on: Oct 12, 2022
Great answer, keep it coming :)

coreycathey

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Reply 3 on: Yesterday
Excellent

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