Suppose the demand for good X is given by Qdx = 10 + axPx + ayPy + aMM. From the law of demand we know that ax will be: less than zero. greater than zero. zero. none of the statements associated with this question are correct.
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Home » Business » Suppose the demand for good X is given by Qdx = 10 + axPx + ayPy + aMM. From the law of demand we know that ax will be: less than zero. greater than zero. zero. none of the statements associated with this question are correct.