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Ryanteck Ryanteck
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Posts: 559
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7 years ago
If the quantity of bagels demanded decreases by 8% when the price of croissants decreases by 16%, the cross-price elasticity of demand between bagels and croissants is
A) 2.
B) 0.5.
C) -2.
D) -5.
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DeToXiFYDeToXiFY
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Posts: 668
7 years ago
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