Multiple Choice
Suppose the demand for good X is given by Qdx = 10 + axPx + ayPy + aMM.If aM is negative,then good y is:
A) a normal good.
B) an inferior good.
C) a complement.
D) a substitute.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q120: Suppose the demand for good X is
Q121: The buyer side of the market is
Q122: Consider a market characterized by the following
Q123: If A and B are complements,an increase
Q124: An ad valorem tax shifts the supply
Q126: Competitive market equilibrium:<br>A) is determined by the
Q127: Suppose you are an aide to a
Q128: The demand for your product has been
Q129: American Tennishoe,Inc.,is concerned because Congress has proposed
Q130: The supply function for good X is