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Consider the data in the table below. Price of Average Quantity of Price of Jolt Coke Income of Jolt Jolt sold Year (S/can) (S/can) Buyers

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Consider the data in the table below. Price of Average Quantity of Price of Jolt Coke Income of Jolt Jolt sold Year (S/can) (S/can) Buyers (S) (cases) 2006 1.00 1.00 40,000 3,000 2007 1.00 1.40 40,000 5,000 2008 1.00 1.40 60,000 3,000 2009 1.40 1.40 60,000 1,000 Using average values, from 2008-2009, the absolute value of the price elasticity of demand for Jolt equals 3.00 Using average values, from 2006-2007, the cross elasticity of demand for Jolt equals

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