The Estimated Demand for a Good Is $\hat { Q } = 4,800 - 16 P - 0.65 M - 1.5 P _ { R }$

Multiple Choice

The estimated demand for a good is $\hat { Q } = 4,800 - 16 P - 0.65 M - 1.5 P _ { R }$ where Q is the quantity demanded of the good,P is the price of the good,M is income,and $P _ { R }$ is the price of related good R.If income decreases by $2,000,all else constant,quantity demanded will ________ by _________ units.

A) increase; 1.30 units
B) decrease; 6.5 units
C) increase; 1,300 units
D) decrease; 65 units