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The extended demand function of good X is:
QdX=1200 - 10Px + 20Py + 0.2M
Where QdX = quantity demanded of good X
PX = Price of good X
M = Average consumer income
Py = Price of related good Y (related in consumption of good X)
a) If M = 20000, Py = 10, and Px = 400 then QdX =
If M = 20000, Py = 10, and Px = 420 then QdX =
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