Question

Imagine the market for Good X has a demand function of QDX = 100 – 2PX – 4PY + 0.05M + 0.1AX and a supply function of QSX = 4PX – 10, where PX is the price of Good X, PY is the price of Good Y, M is the average consumer income and AX is the amount spent to advertise Good X.
If the price of Good Y is $5, M is $5000 and AX is $10,000, find the equilibrium price of Good X.

Answer 1

Answer:

Yes, India needs to have more than one standard time, because there is a time gap of about 2 hours between the easternmost parts to westernmost parts to westernmost parts of the country. ... The large longitudinal expanse of India about 30° approximately

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Answer 2

Answer:

Hope it helps!!

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