If the Quantity of Pineapples Demanded Increases by 4% When

question 41

Multiple Choice

If the quantity of pineapples demanded increases by 4% when the price of papayas increases by 16%, the cross-price elasticity of demand between pineapples and papayas is

• A) -4.
• B) 0.25.
• C) 4.
• D) 64.

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