【題目】 A
simple linear demand function may be stated as Q= a-bP+cI where Q is
quantity demanded , P is the product price, and I is consumer income. To
compute an appropriate value for c, we can use observed values for Q
and I and then set the estimated income elasticity of demand equal to.
答:c(I/Q)
【題目】 If the quantity demanded increase as peoples incomes increase, the result of答: a normal good.