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The Following Linear Demand Specification Is Estimated for Conlan Enterprises,a Q=a+bP+cM+dPRQ = a + b P + c M + d P _ { R }

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The following linear demand specification is estimated for Conlan Enterprises,a price-setting firm: Q=a+bP+cM+dPRQ = a + b P + c M + d P _ { R } where Q is the quantity demanded of the product Conlan Enterprises sells,P is the price of that product,M is income,and PRP _ { R } is the price of a related product.The results of the estimation are presented below:  The following linear demand specification is estimated for Conlan Enterprises,a price-setting firm:  Q = a + b P + c M + d P _ { R }  where Q is the quantity demanded of the product Conlan Enterprises sells,P is the price of that product,M is income,and  P _ { R }  is the price of a related product.The results of the estimation are presented below:   Given the above,based upon the parameter estimates in the above table A) this good is a normal good. B) the related good is a substitute. C) the related good is a complement. D) a and b E) a and c Given the above,based upon the parameter estimates in the above table


A) this good is a normal good.
B) the related good is a substitute.
C) the related good is a complement.
D) a and b
E) a and c

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