The Cross-Price Elasticity of Demand Is Defined as The

Multiple Choice

The cross-price elasticity of demand is defined as the:

A) percentage change in the quantity demanded of a good divided by the percentage change in the good's price.
B) percentage change in the quantity demanded of a good divided by the percentage change in a different good's price.
C) percentage change in a good's price divided by the percentage change in a different good's price.
D) change in the quantity demanded of a good divided by the change in its price.
E) change in the quantity demanded of a good divided by the change in income.