c. Suppose good Y is a related good to X and the effects of Py is wrapped up in the constant of the demand function. Illustrate graphically & mathematically a change in Py of +$50 with a Edxy = +0.60 would have on the demand curve & function (think Qdx fon & its intercept) (8 pts). d. Given the effects from part C, what is the new equilibrium price & quantity and how is good Y related to good X (5 pts)?220 ..... .. . ... .. 200% 180 180 . . .... E..... ..:... . 140. ...... ....... Intersect . .... ... . ...... ..... (100, 150) . ....... 120 100 ..... 40 . . ... 340 380 100 120 140 160 180 206 220 240 280 280 300 320 20 30 demand functions in terms of the price for good X and double