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can explain more detail about cross elasticity of demand and solve the answer (b) Let's just say that the price of product X is RM5

can explain more detail about cross elasticity of demand and solve the answer

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(b) Let's just say that the price of product X is RM5 and the quantity bought is 1C units. Assume that the price of product Y increases from HMS to RM5. The quantity bought of product X decreases to 80 units. Calculate the cross elasticity of demand between products X and Y. Determine the relationship between the two products

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