2. (15 points) Normal good. Let the demand equation be given by: Qd = 60-1.2Px +151. (Px is the price of the good; I stands
2. (15 points) Normal good. Let the demand equation be given by: Qd = 60-1.2Px +151. (Px is the price of the good; I stands for Income.) Fill in this matrix I Income SO $10 $20 $30 $40 SO Price $10 $20 $30 $40 $50
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