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The demand equations for two related products are given

Question: The demand equations for two related products are given, where P1 is the per unit price demanded for x items of the first product and P2 is the per unit price when y units of the second product are demanded. Determine if the products are substitutes, complementary or neither.

x = -3p₁ - 4p₂ + 8, and y = -p₁ - 2p₂ + 4

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Mathematics: The demand equations for two related products are given

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