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If you are a manager in a company that produces product X and the demand function is shown in the following equation, what information or
If you are a manager in a company that produces product X and the demand function is shown in the following equation, what information or information should you provide to your boss?
Qx = f(Px,Ax,Dx,Ox, Ic,Tc,Ec, Py,Ay,Dy,Oy, G,W, ...)
Where :
Q : quantity demanded I : is income
P : is price of product T : is taste
A : is advertising E : is expectation
D : is design/quality G : is government policy
O : is outlets W : is weather conditions
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