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Utilize the multivariate demand function for Brand X washing machines given in C2, page 81, initially with: P Y = $300P L = $0.30I =
Utilize the multivariate demand function for Brand X washing machines given in C2, page 81, initially with:
PY= $300PL= $0.30I = $40000A = $200000
This function is:
QX= 197000 -100PX+50PY+.025I +.02A + 10000PL
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