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Goodxis a normal good and its demand is given byQ_(x)^(d)=\alpha _(0) \alpha _(x)P_(x)\alpha _(Y)P_(Y) \alpha...

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Economics

Good

x

is a normal good and its demand is given by

Q_(x)^(d)=\alpha _(0) \alpha _(x)P_(x)\alpha _(Y)P_(Y) \alpha _(M)M_( ) \alpha _(H)H

. Then we know that Multiple Choice

\alpha _(H)>0.\alpha x>0\alphaY>0\alpha _(M)>0

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