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-In the Above Table,the Cross Price Elasticity of Demand (Using

Question 125

Multiple Choice

 Month PXXQXPYQPZ QZ  Jan $10100$2050$25200 Feb 1090186025225 Mar 1070159025275 Apr 12501510025290 May 15251512025320\begin{array} { l r r r r r r } \text { Month } & \mathbf { P X } _ { \mathbf { X } } & \mathbf { Q X } & \mathbf { P } _ { \mathbf { Y } } & \mathbf { Q } & \mathbf { P } _ { \mathbf { Z } } & \mathbf { \text { QZ } } \\\hline \text { Jan } & \$ 10 & 100 & \$ 20 & 50 & \$ 25 & 200 \\\text { Feb } & 10 & 90 & 18 & 60 & 25 & 225 \\\text { Mar } & 10 & 70 & 15 & 90 & 25 & 275 \\\text { Apr } & 12 & 50 & 15 & 100 & 25 & 290 \\\text { May } & 15 & 25 & 15 & 120 & 25 & 320\\\hline\end{array}
-In the above table,the cross price elasticity of demand (using averages) for Z with good X,when PX increases from $12 to $15,is approximately equal to


A) +1.03
B) +2.26.
C) +0.44.
D) -0.44.

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