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What is the formula for the cross elasticity of demand? The percentage change in the

Loraine

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What is the formula for the cross elasticity of demand? The percentage change in the

What is the formula for the cross elasticity of demand? The percentage change in the
A) quantity demanded divided by the percentage change in the price of a substitute or complement.
B) quantity supplied divided by the percentage change in price.
C) quantity demanded divided by the percentage change in price.
D) quantity demanded divided by the percentage change in income.
E) equilibrium quantity demanded divided by the equilibrium quantity supplied.

Textbook

Essential Foundations of Economics

Edition: 7^th

Authors: Bade, Parkin

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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.

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Loraine Author

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9 years ago

Smart ... Thanks!

DragonHeart

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I appreciate what you did here, answered it right Smiling Face with Open Mouth

djeghri

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2 hours ago

Correct

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