Time Remaining 45 minutes 45 seconds00:45:45
Item 5
Time Remaining 45 minutes 45 seconds00:45:45
Suppose the demand for good X is given by Qdx = 10 − 2Px + Py + M. The price of good X is $1, the price of good Y is $10, and income is $100. Given these prices and income, how much of good X will be purchased?

Multiple Choice
115
515
1,000
None of the statements associated with this question are correct.