The expression of the change in a products quantity

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Reference no: EM13243537

Show that the expression of the change in a product's currentequilibrium quantitty due to a unit change in the product'sexpected future price is:
dQ = (SpDpe - DpSpe)dP / (Sp-Dp) where Sp and Dp are partialderivatives with respect to current price and Spe and Dpe arepartial derivatives with respected to future price.

Reference no: EM13243537

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