For which of the following products is demand likely to be the most elastic?

multiple choice

• Converse All Star sneakers
• All clothing items
• All shoes

All gym shoes

Suppose the cross-price elasticity of demand between avocados and limes is -0.40 (E_{avocados / limes}= -0.40).

Instructions:Enter your answer as a whole number.

If the price of limes increases by 20%, we would expect the quantity of avocados demanded to (Click to select) increase decrease by %.