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Q1: Due to the current covid-19 pandemic, Brian was forced to take a 20% pay cut at work. As a result, his demand for Good

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Due to the current covid-19 pandemic, Brian was forced to take a 20% pay cut at work. As a result, his demand for Good X changed as follows:

image text in transcribedimage text in transcribedimage text in transcribed
\fFigure 1. Good Delta market before and after subsidy Price ($) Demand Supply before subsidy 121 103 Supply after subsidy 60 R 710 850 Quantity

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