During a recession the sales of autos fall,and the best measure of this is to use cross-price elasticity.

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During a recession, the fall in auto sales is better measured by income elasticity of demand, which shows how demand for goods responds to changes in consumer income, rather than cross-price elasticity, which measures how the demand for one good responds to changes in the price of another good.

During a Recession the Sales of Autos Fall,and the Best