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Title: Assume that a retailer sells 500 units of Yoplait Yogurt per day at a price of $0.40/unit. You, as ... Post by: violin13 on Mar 17, 2019 Assume that a retailer sells 500 units of Yoplait Yogurt per day at a price of $0.40/unit. You, as an economic analyst, estimate that the cross-price elasticity between Yoplait Yogurt and Dannon Yogurt is 0.8. If the retailer raises the price of Dannon Yogurt from $0.50/unit to $0.60/unit, how would sales of Yoplait Yogurt be affected? • Sales of Yoplait Yogurt would not be affected at all. • Sales of Yoplait Yogurt would rise by 40 units. • Sales of Yoplait Yogurt would rise by 80 units. • None of these. Title: Assume that a retailer sells 500 units of Yoplait Yogurt per day at a price of $0.40/unit. You, as ... Post by: Niquegirl21! on Mar 17, 2019 Content hidden
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