BU4033 NAME STUDENT # Points 33% X Price X Quantity Y Price Y Quantity % Y Quantity % X Price 2.50 4,000 $ 4.00 1,500 3.25 2,200 $ 4.00 2,000 3.25 4,000 S 4.00 1,500 2.50 2,200 $ 4.00 2,000 Instructions: 1. Record your Name and your Student number 2. Given Income and Demand Quantity information above Both Products X & Y. Use Cross Elasticty equation to determine your answer to be insert 3. Column H. Base on your Elasticity Coefficient (Col H). Determine if "Positive" or "Negative" direction. 4. Clumn I. Are the Goods in Cross Elasticity a "Substitutes" or "Compliments". Elasticity Coefficient Direction Cross Elasticity ed in corresponding field Columns E, F and G (highlighted in Blue)