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If the price of commodity y increase from $8 to $10 and the quantity of x bought decreases from 40 to 32 unit determine the cross elasticity of demand​

If the price of commodity y increase from $8 to $10 and the quantity of x bought decreases from 40 to 32 unit determine the cross elasticity of demand​
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if the price of commodity y increase from $8 to $10 and the quantity of x bought decreases from 40 to 32 unit determine the cross elasticity of demand​

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User Jprete
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1 Answer

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Answer:

demand for the product is higher then we have

answered
User Homtg
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