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2. Erin likes to consume cheesecakes for ice-cream. The price of ice-cream increases by 10%. As a result, Erin's demand for cheesecakes increases by 20%.

2. Erin likes to consume cheesecakes for ice-cream. The price of ice-cream increases by 10%. As a result, Erin's demand for cheesecakes increases by 20%.

a. What is the cross-price elasticity for cheesecake demand with respect to the price of ice-cream for Erin?

b. Interpret the cross-price elasticity found in part a.

c. Is ice-cream a substitute or a complement good for cheesecakes for Erin and why?

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