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The demand for good X is estimated to be QXd=10,0004PX+5PY+2M+AX, where PX is the price of X,PY is the price of good Y,M is income,

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The demand for good X is estimated to be QXd=10,0004PX+5PY+2M+AX, where PX is the price of X,PY is the price of good Y,M is income, and AX is the amount of advertising on X. Suppose the present price of good X is $50,PY=$100,M=$25,000, and AX=1,000 units. Based on this information, good X is Multiple Choice an inferior good. a normal good. a Giffen good. a regular good

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