if the price of commodity y increase from $8 to $10 and the quantity of x bought decreases from 40 to 32 unit determine the cross elasticity of demand

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asked Oct 28, 2024 146k views

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if the price of commodity y increase from $8 to $10 and the quantity of x bought decreases from 40 to 32 unit determine the cross elasticity of demand

Business
high-school

Jprete asked

by Jprete

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Answer:

demand for the product is higher then we have

Homtg answered Nov 3, 2024

by Homtg

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