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Demand for your product has been estimated to be

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Reference no: EM131227448

The demand for your product has been estimated to be. The relevant price and income data are as follows: .

a. Which goods are substitutes for X? Which are complements?

b. Is X an inferior or a normal good?

c. How much X will be purchased?

d. Graph the demand curve for X given the above information.

e. How will the demand curve change if M falls to 35,000?

Reference no: EM131227448

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