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

Question 155

Multiple Choice

-In the above table, the cross price elasticity of demand (using averages) for C with good A, when PA increases from $12 to $15, is approximately equal to A) +1.03 B) +2.26. C) +0.44. D) -0.44.
-In the above table, the cross price elasticity of demand (using averages) for C with good A, when PA 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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