ianbmx1185 ianbmx1185

06-06-2023
Business

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Suppose the demand for good x is ln Qxd = 21 − 0.8 ln Px − 1.6 ln Py + 6.2 ln M + 0.4 ln Ax. Then we know good x is:
A. an inferior good
B. An elastic good
C. A Normal Good
D. A Giffen good

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