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The Following General Linear Demand Relation Qd=6809P+0.006M4PRQ _ { d } = 680 - 9 P + 0.006 M - 4 P _ { R }

Question 34

Multiple Choice

the following general linear demand relation: Qd=6809P+0.006M4PRQ _ { d } = 680 - 9 P + 0.006 M - 4 P _ { R } where M is income and PRP _ { R } is the price of a related good,R.From this relation it is apparent that the good is:


A) an inferior good
B) a substitute for good R
C) a normal good
D) a complement for good R
E) both c and d

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