Q1: The demand for good X is given by Qx d = 6,000 − 1/2 Px  −  Py  + 9 Pz  +  1/10 M. Research shows that the prices of related goods are given by Py = $6,500 and Pz = $100, while the average income of individuals consuming this product is M = $80,000. a. How many units of good X will be purchased when Px = $5,230? The calculation should be handwritten

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