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Title: If the price of a movie rises 3 percent and, as a result, the quantity demanded of video rentals inc Post by: Loraine on Jun 20, 2015 If the price of a movie rises 3 percent and, as a result, the quantity demanded of video rentals increases 6 percent, then the cross elasticity of demand is
A) 2. B) 1/2. C) -1/2. D) -2. E) 9. Title: Re: If the price of a movie rises 3 percent and, as a result, the quantity demanded of video rentals Post by: Sydnie on Jul 8, 2015 Content hidden
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