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Lauren1 Lauren1
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Posts: 4120
Rep: 12 0
10 years ago
A 10 percent decrease in the price of a Pepsi decreases the demand for a Coca-Cola by 50 percent. The cross elasticity of demand between a Pepsi and Coca-Cola is
A) 50.
B) 10.
C) 5.
D) 0.20.
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MrDerecheMrDereche
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#1
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Posts: 4097
Rep: 304 0
10 years ago
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Lauren1 Author
wrote...
#2
10 years ago
Thank you, this really, really helps Heavy Heart
wrote...
#3
10 years ago
You're welcome!
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