A travel company has appointed a management consulting firm to analyze demand in 26 regional markets for one of its major products- a bus tour to Dollywood. The consultant utilizes data to estimate the following eq: Q= 1,500-4p+5A+10I+3Px.
A (advertising exp) = 20,000 (20) I (per cap income) = 15,000 (15), Px ($of similar tour by competition) = 500.
Compute the demand curve for this tour using the data in the equation above?