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Loraine Loraine
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8 years ago
Tacos and pizza are substitutes. If a 2 percent change in the price of a taco leads to a 4 percent change in the demand for pizza, the cross elasticity of demand equals
A) -1/2.
B) 1/2.
C) 2.
D) -2.
E) 4.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
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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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SydnieSydnie
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8 years ago
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Loraine Author
wrote...

8 years ago
Smart ... Thanks!
tcat
wrote...

Yesterday
Good timing, thanks!
novae
wrote...

2 hours ago
Thanks for your help!!
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