QD = 4000 - 200P + 32A + 1000PX + 9Y Please help! QD = Quantity Demand of a Unit (dependent variable) P...
| QD = 4000 - 200P + 32A + 1000PX + 9Y |
Please help!
QD = Quantity Demand of a Unit (dependent variable)
| |||||
| P (in cents) per case = Price of the product = 300 cents | |||||
| PX (in cents) = Price of leading competitors product = 200 cents | |||||
| A (in dollars) = Monthly advertising expenditures = $750 | |||||
| 9 Y (in dollars) = $10,000 (per capital income) | |||||
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