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The Quantity Demanded of Good a Changes from 100 to 111

Question 164

Multiple Choice

The quantity demanded of good A changes from 100 to 111 when the price of good A changes from $9 to $8. The cross elasticity of demand is

A) 1.20.
B) -1.13.
C) 2.20.
D) -0.89.
E) There is not enough information to answer the question.

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