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Completely analyze the following demand equation for Suzuki cars: Qx=5.2-0.62P-1.08Py + 0.781 (2.44) (-2.63) (2.79) (4.96) n=55; R = 0.926; figures in brackets are

Completely analyze the following demand equation for Suzuki cars: Qx=5.2-0.62P-1.08Py + 0.781 (2.44) (-2.63) (2.79) (4.96) n=55; R = 0.926; figures in brackets are t'statistics Where: Q. quantity of Suzuki cars demanded. P = price of Suzuki cars. Py=price of fuel. I disposable income.

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