If the Quantity of Glazed Donuts Demanded Increases by 6

question 140

Multiple Choice

If the quantity of glazed donuts demanded increases by 6% when the price of cinnamon rolls increases by 9%, the cross-price elasticity of demand between glazed donuts and cinnamon rolls is

• A) -1.5.
• B) -0.33.
• C) 0.67.
• D) 1.5.

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