Data collected in the imaginary economy of karabekiar, Ask an Expert

Economics

data collected in the imaginary economy of karabekiar reveals that when price of bork increased by 20%, the quantity of bork sold decreased by 15% and the quantity of perf demanded decreased by 10%.

what is the cross-price elasticity of demand between perf and bork?

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Macroeconomics, Economics

Category:- Macroeconomics
Reference No.:- M9486535

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