Suppose the demand function for good x is given as: Qd=-1.1Px +0.7P, -0.5P₂ + 0.025M - 0.05T where Px is the price of good x, Py is the price of good y, P₂ is the price of good z, and M is consumer income. Suppose that Py = 20, P₂ = 2, M = 40 and T 100. What is the value of the constant (C) if the demand function is rewritten as: = Qd= C - 1.1Px

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