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The demand curve for asparagus is given by
Qd = 200 -5Pd + 0.5Pz
Where
Qd = quantity demanded of asparagus per week
Pd = price of 1lb of asparagus
Pz = price per unit of another good related to asparagus
a) Based on the demand curve for asparagus above, what is the relationship between asparagus and good Z?
b) What is the equation of the demand curve for asparagus if the price of good Z is $20?
c) Graph the demand curve for asparagus that you found in above.
(b)You must label the axes and show the intercept and the slope.
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