How do you think the equilibrium in question 15 will change if cross-price elasticities of demand increase?

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How do you think the equilibrium in question 15 will change if cross-price elasticities of demand increase? How would you alter the equations to show such an increase? Can you compute the new equilibrium?

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Economics Of Strategy

ISBN: 9781118273630

6th Edition

Authors: David Besanko, David Dranove, Scott Schaefer, Mark Shanley

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