5) In econometrics you have estimated the demand for product X to be: Qxd=50,0004Px2Py+5Pz0.000002Income a) X and Y are complements True or false b) X and Z are substitutes True or false c) X is both a normal and necessity good True or false 6. If over time, goods, Y and X become more and more complementary for me, my indifference curve will become more convex. True or false 7. Alex loves both male and female hockey. Because of the performance of Canada's female hockey team at the Olympics Alex now enjoys female hockey much more. Therefore, Alex's indifference curve is now (2021) steeper than what it was in 2020. True or false 8) As a child I hated liver, but my parents bribed me with chocolate to eat it. Given the indifference curves below, liver is on the X axis and chocolate on the Y axis. 5) In econometrics you have estimated the demand for product X to be: Qxd=50,0004Px2Py+5Pz0.000002Income a) X and Y are complements True or false b) X and Z are substitutes True or false c) X is both a normal and necessity good True or false 6. If over time, goods, Y and X become more and more complementary for me, my indifference curve will become more convex. True or false 7. Alex loves both male and female hockey. Because of the performance of Canada's female hockey team at the Olympics Alex now enjoys female hockey much more. Therefore, Alex's indifference curve is now (2021) steeper than what it was in 2020. True or false 8) As a child I hated liver, but my parents bribed me with chocolate to eat it. Given the indifference curves below, liver is on the X axis and chocolate on the Y axis