If the price of ground beef falls from $7 to $4,and this leads to an increase in demand for beans from 80 to 120 cans,what is the cross-price elasticity of beans and ground beef at a ground beef price of $4?
A) −0.87
B) 1.21
C) 0.52
D) −0.44

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The Answer of If the price of ground beef falls from $7 to $4,and this leads to an increase in demand for beans from 80 to 120 cans,what is the cross-price elasticity of beans and ground beef at a ground beef price of $4?
A) −0.87
B) 1.21
C) 0.52
D) −0.44

If the Price of Ground Beef Falls from $7 to $4,and