Suppose That the Price of Product a Increased from $9

question 141

Multiple Choice

Suppose that the price of Product A increased from $9 to $11 and the quantity demanded of Product B increased from 192 to 208.What is the value of the cross elasticity?

• A)+ 0.2.
• B)+ 0.4.
• C)+ 1.0.
• D)+ 2.5.
• E)+ 5.0.

---

Definitions:

Universe

The totality of all space, time, matter, and energy that exists, including galaxies, stars, planets, and all other forms of matter and energy.

Aerobic Respiration

A metabolic process in which cells use oxygen to break down glucose and other molecules, producing carbon dioxide, water, and energy in the form of ATP.

Selective Advantage

A genetic or behavioral characteristic that improves an organism's ability to survive and reproduce in its environment.

Oxygen

A chemical element with symbol O and atomic number 8, essential for aerobic respiration in living organisms and a component of the Earth's atmosphere.