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Please answer all questions and show all work. QUESTION 1 . The general demand function for Good A is given by: o=1200 6P+ .5M 10PB+4T+2PE+3N

Please answer all questions and show all work.

QUESTION 1 . The general demand function for Good A is given by: o=1200 6P+ .5M 10PB+4T+2PE+3N The variables are: P the price of Good A M average household income PB the price of related Good B T a consumer taste index Pa the price consumers expect to pay next month N the number of buyers in the market

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