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Naddika [18.5K]
3 years ago
5

g Suppose the own price elasticity of demand for good X is -3, its income elasticity is 2, and the cross price elasticity of dem

and between good X and Y is -5. Determine how much the consumption of this good will change if: 1. The price of good X increases by 5% 2. The price of good Y increases by 12%
Business
1 answer:
kozerog [31]3 years ago
7 0

Answer:

Sry, I can't understand anything at all!

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