Question
The demand function for your brand, X, of hotdogs is estimated as Q d x =1,200 - 10 P x - 10 P y +
The demand function for your brand, X, of hotdogs is estimated as
Qdx=1,200 - 10 Px - 10 Py + 50 PZ - 0.005 I
The price of X is $ 5, Y is $ 10, Z is $ 3 and incomes are $ 60,000.
what are the sales? could you show steps
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Managerial Economics
Authors: William F. Samuelson, Stephen G. Marks
8th edition
1118808940, 978-1119025900, 1119025907, 978-1119025924, 978-1118808948
