The cross-price elasticity of demand for a good is the ________.
A) percentage change in the quantity demanded of the good due to a percentage change in consumer's income
B) percentage change in the quantity demanded of the good due to a percentage change in the good's price
C) percentage change in the quantity demanded of the good due to a percentage change in tax rates
D) percentage change in the quantity demanded of the good due to a percentage change in the prices of related goods
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