The demand curve for Widgets is given by QD = 6000 - 2y - 200p + 30pG, where QD is the quantity of widgets demanded, y is the per capital income and pG is the price of Gizmos. An increase in per capital income will cause A) demand shifts left. Can you explain this step by step. How do i go about solving such problems?
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The demand curve for Widgets is given by QD = 6000 - 2y - 200p + 30pG, where QD is the quantity of w...
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