Consider a scenario where the demand is estimated to be represented by the following equation: ,
qx = 1000 - 10px + 0.1i + 10py
where px is the price of x, i represents the income of the consumer, py is the price of another related in consumption good, and qx is the quantity demanded of x. based on this, what can be concluded about the relationship between good x and y?
a), they are substitutes in consumption
b), they are complements in consumption
c), they are unrelated in consumption
d), there is not enough information provided to make any conclusion

Alicia has a collision deductible of $500 and a bodily injury liability coverage limit of $50,000. she hits another driver and injures them severely. the case goes to trial and there is a verdict to compensate the injured person for $40,000 how much does she pay?

Amano s preguntes cationing to come fonds and consumer good 8. why did the u.s. government use rationing for some foods and consumer goods during world war ii?

Which of the following statements is correct? a major disadvantage of a partnership relative to a corporation is the fact that federal income taxes must be paid by the partners rather than by the firm itself. in a typical partnership, liability for other partners’ misdeeds is limited to the amount of a particular partner’s investment in the business.true in a limited partnership, the limited partners have voting control, while the general partner has operating control over the business, and the limited partners are individually responsible, on a pro rata basis, for the firm’s debts in the event of bankruptcy. partnerships have more difficulty attracting large amounts of capital than corporations because of such factors as unlimited liability, the need to reorganize when a partner dies, and the illiquidity of partnership interests.