Below are some data on price,income and demand for five different time periods.
-Refer to the information above to answer this question.What is the cross price elasticity of demand of product X for Y between years 2 and 3?
A) - 0.52
B) - 0.88
C) + 1.25
D) - 1.91
E) None of the choices are correct.
Correct Answer:
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