Setting: Auto manufacturers are trying to develop a multivariate function with which to estimate the demand for their gas-electric hybrid compact...

a. substitutes for Jolts

   b. complementary to Jolts

   c. normal goods

   d. inferior goods

9. The partial derivative of the demand for Jolts with respect to the price of Jolts (Pj) is:

-20  -5 +.04  +10  +20  +35

10. Enter the following values into your Jolt demand function (be very careful with the calculation because the resulting quantity of Jolts demanded will be used in several questions to follow). Pj = $25000  Pf = $40000  Pt = $35000  Pb = $5000