What is the sign of y and what is the sign of z

Reference no: EM133659782

Problem: Suppose the linear supply curve for whiskey is Qxs=0 xPx yPy zPz WPW Where good X is whiskey, good Y is vodka (which could be made using the same equipment), good Z is sour mix (which is a complement for whiskey), and W rye (which is an input to whiskey). What is the sign of x? Explain your response. What is the sign of y? Explain your response. What is the sign of Z? Explain your response. What is the sign of W? Explain your response. Suppose instead sour mix is a substitute for whiskey (gross). How does that change your previous responses?

Reference no: EM133659782

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