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Data on Cross-Price Elasticity of Demand (XED): Emma noticed that a competitor's boutique, located nearby, reduced the price of a similar clothing item from $55
Data on Cross-Price Elasticity of Demand (XED): Emma noticed that a competitor's boutique, located nearby, reduced the price of a similar clothing item from $55 to $50, and during this period, the quantity demanded of her clothing item decreased from 150 units per month to 130 units per month
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