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D Question 3 2.5 pts You know that the cross-price elasticity of demand between your product and your competitor's product is 0.4. What will happen

D Question 3 2.5 pts You know that the cross-price elasticity of demand between your product and your competitor's product is 0.4. What will happen to the demand for your product if your competitor cuts their price by 20%? O Demand will fall by 0.4%. Demand will fall by 4%. Demand will fall by 20%. O Demand will fall by 8%. Question 4 2.5 pts Suppose you own a sporting goods store and you observed that when the price of running

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