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    Managerial Economics and Business Strategy Study Set 1
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    Exam 2: Market Forces: Demand and Supply
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    Good X Is a Normal Good,and Its Demand Is Given
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Good X Is a Normal Good,and Its Demand Is Given

Question 45

Question 45

Multiple Choice

Good X is a normal good,and its demand is given by Qxd = 0 + XPX + YPY + MM + HH.Then we know that:


A) H > 0.
B) X > 0.
C) Y > 0.
D) M > 0.

Correct Answer:

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