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A Firm Is Producing Two Goods (X and Y)that Are Qd=1204Px10PyQ _ { d } = 120 - 4 P _ { x } - 10 P _ { y }

Question 51

Multiple Choice

A firm is producing two goods (X and Y) that are related in consumption.The demand function for X is: Qd=1204Px10PyQ _ { d } = 120 - 4 P _ { x } - 10 P _ { y } Which of the following pairs of goods might the firm be producing?


A) cars and gasoline
B) cola and caffeine-free coke
C) newspapers and tennis balls
D) bran cereal and sugar-frosted corn flakes
E) both b and d

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