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Consider the cross-price elasticity of demand between child car seats and the decision to have children. It's given as -0.2. If there's a 10% increase
Consider the cross-price elasticity of demand between child car seats and the decision to have children. It's given as -0.2. If there's a 10% increase in the price of child car seats: A. Predict the percentage change in the quantity demanded for children. B. Based on the given elasticity, what can you infer about the relationship between child car seats and the decision to have children
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