Let p 1 be the average price of MP3 players, p 2 the average price of audio files, f ( p 1 , p 2 ) the demand for MP3 players, and g ( p 1 , p 2 ) the demand for audio files. Explain why ∂ f ∂ p 2 < 0 and ∂ g ∂ p 1 < 0 .
Let p 1 be the average price of MP3 players, p 2 the average price of audio files, f ( p 1 , p 2 ) the demand for MP3 players, and g ( p 1 , p 2 ) the demand for audio files. Explain why ∂ f ∂ p 2 < 0 and ∂ g ∂ p 1 < 0 .
Let
p
1
be the average price of MP3 players,
p
2
the average price of audio files,
f
(
p
1
,
p
2
)
the demand for MP3 players, and
g
(
p
1
,
p
2
)
the demand for audio files. Explain why
∂
f
∂
p
2
<
0
and
∂
g
∂
p
1
<
0
.
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