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Home Q & A Board Other Fields Homework Help Business Economics
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Ryanteck Ryanteck
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6 years ago
If the quantity of peanut butter demanded increases by 4% when the price of jelly decreases by 2%, the cross-price elasticity of demand between peanut butter and jelly is
A) -4.
B) -2.
C) -0.5.
D) 2.
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Akshtsaklani21Akshtsaklani21
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#1
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6 years ago
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Ryanteck Author
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6 years ago
Good timing, thanks!
dedricgard
wrote...

Yesterday
Helped a lot
djeghri
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2 hours ago
Thank you, thank you, thank you!
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