-Refer to the Above Table

question 31

Multiple Choice

-Refer to the above table. Suppose the price of Y rises from $18 to $20. What is the cross price elasticity of demand between Y and Z?

• A) -1.7273
• B) -1.1176
• C) -0.8947
• D) +1.7273

---

Definitions:

Repeating Section Content Control

A feature in document or form creation tools that allows users to duplicate a specific section as needed, maintaining consistent layout and formatting.

Building Block

Predefined pieces of text or document formatting that can be quickly inserted and reused across different documents in word processing or publishing software.

Combo Box

A user interface element that combines a drop-down list or menu with a single-line textbox, allowing the user to select an item from the list or enter a new value.

Document Formatting Restrictions

Document formatting restrictions are limitations set within document creation software that restrict how the document can be formatted or edited.