menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Managerial Economics and Business Strategy Study Set 1
  4. Exam
    Exam 3: Quantitative Demand Analysis
  5. Question
    Suppose Demand Is Given by Q <Sub>x</sub><sup>d</sup> = 50 −
Solved

Suppose Demand Is Given by Q xd = 50 −

Question 16

Question 16

Multiple Choice

Suppose demand is given by Q xd = 50 − 4Px + 6Py + Ax,where Px = $4,Py = $2,and Ax = $50.What is the quantity demanded of good x?


A) 96
B) 50
C) 46
D) 72

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q11: Demand is more inelastic in the short

Q12: If the short-term own price elasticity for

Q13: If a price increase from $5 to

Q14: As we move up along a linear

Q15: The quantity consumed of a good is

Q17: The price elasticity of demand is −2.0

Q18: Which of the following factors would NOT

Q19: When the price of corn was "low,"

Q20: Which of the following is used to

Q21: The elasticity which shows the responsiveness of

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines