Chevrolet automobiles? Qc=100,000-100Pc+2.000N+50I+30PF-1,000Pg+3A+40,000Pt
Qc=quantity demanded per year of Chev cars, Pc=price of Chev, N=Population, I=per capita, PF=price of Ford, PG=gas price, A=Advertising, Pi=credit incentive to purchase Chev;s.
I need to find the value of Qc if the average value of Pc=(,000, N=200 million, I=10,000, PF=8000, PG=80 cents, A=200,000 and if PI=1
Also, how do I find the change in the number of Chevrolets purchased per year(QC) for each unit change in the independent or explanatory variables.
Qc=quantity demanded per year of Chev cars, Pc=price of Chev, N=Population, I=per capita, PF=price of Ford, PG=gas price, A=Advertising, Pi=credit incentive to purchase Chev;s.
I need to find the value of Qc if the average value of Pc=(,000, N=200 million, I=10,000, PF=8000, PG=80 cents, A=200,000 and if PI=1
Also, how do I find the change in the number of Chevrolets purchased per year(QC) for each unit change in the independent or explanatory variables.