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In Parte Ville, the price elasticity of demand for soda is 0.4, the income elasticity of demand for soda is 0.3, and the cross elasticity
In Parte Ville, the price elasticity of demand for soda is 0.4, the income elasticity of demand for soda is 0.3, and the cross elasticity of demand for soda with respect to juice is 0.4. If the price of juice increases 15% with no change in price of a can of soda, the quantity of soda (increase or decrease) by ? percent. Show all work
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