The Quantity Demanded of Good a Changes from 100 to 111

question 164

Multiple Choice

The quantity demanded of good A changes from 100 to 111 when the price of good A changes from $9 to $8. The cross elasticity of demand is

• A)1.20.
• B)-1.13.
• C)2.20.
• D)-0.89.
• E)There is not enough information to answer the question.

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