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The demand curve is given by QD=500-5Px +0.5I + 10PY -2Pz Where QD =quantity demanded of good X PX = price of good X I=

The demand curve is given by QD=500-5Px +0.5I + 10PY -2Pz

Where QD =quantity demanded of good X

PX = price of good X

I= consumer income, in thousands

PY = price of good Y

PY = price of good Z

Based on the demand curve above, is X a normal or inferior good. Motivate your answer

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