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Lauren1 Lauren1
wrote...
Posts: 4120
9 years ago
The cross elasticity of demand between apples and oranges is defined as the
A) percentage change in the quantity of apples demanded divided by the percentage change in the price of oranges.
B) price elasticity of demand for apples divided by the price elasticity of demand for oranges.
C) percentage change in the quantity of apples demanded divided by the percentage change in the quantity of oranges demanded.
D) change in the quantity of apples demanded divided by the change in the quantity of oranges demanded.
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Answer accepted by topic starter
MrDerecheMrDereche
wrote...
Top Poster
Posts: 4097
9 years ago
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Lauren1 Author
wrote...
9 years ago
Thank you, this really, really helps Heavy Heart
wrote...
9 years ago
You're welcome!
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