calculate the cross-price elasticity between bagels and cream cheese. What does the sign imply about the relationship between these two goods? 4. Refer to the graph below. If the price of a gardenburger decreases from $8 to $7,calculate the price elasticity of demand for gardenburger and identify the nature of elasticity. $ 4 10 B Price E F Demand 1 2 3 4 5 Q Number of gardenburgers 5. If income decreases by 25% and, in response, the quantity of housing demanded decreases by 14%, then calculate the income elasticity of demand for housing. O n 51 OF F5 F6 F7 F8 F9 F10 F11 DAI Pause Inse