Explore BrainMass
Share

Explore BrainMass

    Consumption

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    Q xd = 10,000 - 2 Px + 3 Py - 4.5M
    Px = $100
    Py = $50
    M = $2000
    How much of good X is consumed? (100, 500, 950 1100)

    © BrainMass Inc. brainmass.com October 9, 2019, 5:32 pm ad1c9bdddf
    https://brainmass.com/economics/macroeconomics/60110

    Solution Summary

    This explains the steps to calulate the Consumption

    $2.19