Multiple Choice
If the quantity of glazed donuts demanded increases by 6% when the price of cinnamon rolls increases by 9%, the cross-price elasticity of demand between glazed donuts and cinnamon rolls is
A) -1.5.
B) -0.33.
C) 0.67.
D) 1.5.
Correct Answer:
Verified
Correct Answer:
Verified
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