Multiple Choice
When the price of bread increases by 5 per cent,the quantity demanded of crackers increases by 2 per cent.The cross elasticity of demand between crackers and bread is:
A) 0.67.
B) 1.5.
C) 2.5.
D) 3.2.
E) 0.4.
Correct Answer:

Verified
Correct Answer:
Verified
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