-In the Above Table,the Cross Price Elasticity of Demand (Using

question 125

Multiple Choice

$$\begin{array} { l r r r r r r } \text { Month } & \mathbf { P X } _ { \mathbf { X } } & \mathbf { Q X } & \mathbf { P } _ { \mathbf { Y } } & \mathbf { Q } & \mathbf { P } _ { \mathbf { Z } } & \mathbf { \text { QZ } } \\\hline \text { Jan } & \$ 10 & 100 & \$ 20 & 50 & \$ 25 & 200 \\\text { Feb } & 10 & 90 & 18 & 60 & 25 & 225 \\\text { Mar } & 10 & 70 & 15 & 90 & 25 & 275 \\\text { Apr } & 12 & 50 & 15 & 100 & 25 & 290 \\\text { May } & 15 & 25 & 15 & 120 & 25 & 320\\\hline\end{array}$$
-In the above table,the cross price elasticity of demand (using averages) for Z with good X,when PX increases from $12 to $15,is approximately equal to

• A)+1.03
• B)+2.26.
• C)+0.44.
• D)-0.44.

---

Definitions:

Low-Income Households

Low-income households are those whose total income falls below a certain threshold, designated by governmental policies, indicating they earn significantly less than the country's median or average household income.

Diet Pills

Medications or supplements taken orally with the intention of losing weight, often containing ingredients that claim to boost metabolism, reduce appetite, or prevent fat absorption.

Weight Loss

The process of reducing body weight, typically through diet, exercise, or a combination of both, often aimed at improving health.

Weight Loss

The body losing mass, either intentionally through dieting and exercise or unintentionally due to health conditions.