The market demand equation for pizza

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The market demand equation for pizza is Qd=75-2P+0.5*Psubs+0.1*WAGE. Rewrite the demand equation to show that pizzas are a normal good for wages up to $10, but inferior for all wages higher than $10 while keep P and Psubs coefficients remain the same.

Reference no: EM131242482

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The market demand equation for pizza : The market demand equation for pizza is Qd=75-2P+0.5*Psubs+0.1*WAGE. Rewrite the demand equation to show that pizzas are a normal good for wages up to $10, but inferior for all wages higher than $10 while keep P and Psubs coefficients remain the same..
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