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Home Q & A Board Other Fields Homework Help Business Economics
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sinerus sinerus
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6 years ago
When the price of tacos went from $2 to $3 dollars each, the quantity demanded of burritos changed from 100 to 120 a day. The cross-price elasticity of demand for burritos calculated using the initial value method is
A) 1.33.
B) 0.75.
C) 0.4.
D) -0.75.
Textbook 
Survey of Economics: Principles, Applications and Tools

Survey of Economics: Principles, Applications and Tools


Edition: 6th
Authors:
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Quinn1981Quinn1981
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6 years ago
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sinerus Author
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6 years ago
Thank you, thank you, thank you!
einstein
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Thanks
wyq2651
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Brilliant ツ
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