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eco 202 test 1 practiceYou sell tostitios tortilla chips. You know the following elasticities for tostitios and two other goods: Ep=2.5 Exy1= -0.5 Exy2= 1.5

eco 202 test 1 practiceYou sell tostitios tortilla chips. You know the following elasticities for tostitios and two other goods: Ep=2.5 Exy1= -0.5 Exy2= 1.5 Ei= 0.2 a. Is the salsa good 1 or good 2? How do you know? b. The price of dorritios increase 10%. What will happen to the demand of tositios

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