Suppose that the quantity of apples sold increases by 30 percent after the price of pears increases by 15 percent. What is the coefficient of cross elasticity of demand

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asked Oct 10, 2021 118k views

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Suppose that the quantity of apples sold increases by 30 percent after the price of pears increases by 15 percent. What is the coefficient of cross elasticity of demand

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John Rajan asked

by John Rajan

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4 votes

45, should be the right answer

MarkDBlackwell answered Oct 15, 2021

by MarkDBlackwell

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