The demand function for dvd players has been estimated to, Microeconomics

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The demand function for dvd players has been estimated to

The demand function for DVD players has been estimated to be Q Player = 134 - 1.07PPlayer + 46Pm - 2.1PDVD - 5M, where QPlayer is the quantity of DVD players, PDVD is the price of a videocassette, Pm is the price of a movie, PPlayer is the price of a DVD player, and M is income. Based on this information, answer the following questions.

a. Are DVD players normal or inferior goods? How do you know?

b. Are movies substitutes or complements for DVD players? How do you know?

c. What additional information is needed to calculate the price elasticity of demand for DVD players?

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Microeconomics: The demand function for dvd players has been estimated to

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