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D Question 35 3.94 pts Nike shoes and Wolverine Hiking Boots: % change in demand for Nike = 1% % change in price of Wolverine

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D Question 35 3.94 pts Nike shoes and Wolverine Hiking Boots: % change in demand for Nike = 1% % change in price of Wolverine Hiking Boots = 50% Refer to the following information above regarding two goods. Based on the cross-price elasticity of the two goods would regulators consider the goods to be in the same market? Yes, because the cross price elasticity is .02, which means the goods are considered to be complements in the same market. Yes, because the cross price elasticity is .02, which means the goods are considered to be substitutes in the same market. Yes, because the cross price elasticity is .02, which means the goods are not considered to be substitutes in the same market. O No, because the cross price elasticity is .02, which means the goods are not considered to be substitutes in the same market. 3.94 pts

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