Suppose Q _x^d = 10,000 − 2 P_x + 3

Multiple Choice

Suppose Q _x^d = 10,000 − 2 P_x + 3 P_y − 4.5M,where P_x = $100,P_y = $50,and M = $2,000.Then good X has a demand which is:

A) elastic.
B) inelastic.
C) unitary.
D) neither elastic, inelastic, nor unitary elastic.