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Suppose the demand for good X is given by QdX. QdX equals to 10 plus a x PX plus b x PY plus c x
Suppose the demand for good X is given by QdX. QdX equals to 10 plus a x PX plus b x PY plus c x M where x denotes the multiplication, PX is the price of good X, PY is the price of good Y, QdX is the quantity demanded for good X and M is the income. The multiplication has priority over addition. From the law of demand we know that a will be
Select one:
a.less than zero.
b.none of the statements associated with this question are correct.
c.zero.
d.greater than zero.
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