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-Based on Data in the Table Above,use the Midpoint Method

question 188

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  -Based on data in the table above,use the midpoint method to determine the cross elasticity of demand for ice cream and cake. A)  The cross elasticity is -0.75. B)  The cross elasticity is -1.75. C)  The cross elasticity is -0.83. D)  The cross elasticity is -4.0. E)  The cross elasticity is -1.33.
-Based on data in the table above,use the midpoint method to determine the cross elasticity of demand for ice cream and cake.


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