SOLUTION: Given the demand function of a good is AYPQ 2 121 00   Where Q,P,Y and A represent quantity demanded, price, income and advertising expenditure, respectively. (a) Calcu

Question 1162158: Given the demand function of a good is AYPQ 2 121 00   Where Q,P,Y and A represent quantity demanded, price, income and advertising expenditure, respectively. (a) Calculate the demand when P=10, Y=40 and A=6. Assuming that price and income are fixed, calculate the additional advertising expenditure needed to raise demand to 179 units. (b) Is this good inferior or superior?

Answer by ikleyn(52817) (Show Source): You can put this solution on YOUR website!
.

Please look into your post and, specifically, on the formula for the function, as it appeared in the forum.

It is unreadable.

Is it plotted consciously in this way ?

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