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    Exam 19: Demand and Supply Elasticity
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    -In the Above Table, the Cross Price Elasticity of Demand
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-In the Above Table, the Cross Price Elasticity of Demand

Question 284

Question 284

Multiple Choice

  -In the above table, the cross price elasticity of demand for good Z with good Y when P<sub>Y</sub> rises from $15 to $18 is A)  -2.20. B)  +2.20. C)  +1.10. D)  -1.10.
-In the above table, the cross price elasticity of demand for good Z with good Y when PY rises from $15 to $18 is


A) -2.20.
B) +2.20.
C) +1.10.
D) -1.10.

Correct Answer:

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