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x for milk and y for coffee, the demand function is x= i/2P x +P y /P x . (i for income) how to describe the relationship between demand for milk(x)...
x for milk and y for coffee, the demand function is x= i/2Px+Py/Px. (i for income)
how to describe the relationship between demand for milk(x) and ,
1. income
2. price of milk
3. price of coffee
answer must be reference the demand function, and use the CORRECT TERM to describe the relationship