The formula for the cross-price elasticity of demand can be written as:
A) XY = ( QX / PY) (PY / QX)
B) XY = ( PY / QX) (PY / QX) .
C) XY = ( PY / QX) (PY / QX)
D) XY = ( PY / QX) (QX / PY) .
E) none of the above.
Correct Answer:
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