Marie attends Top Notch University. The prices for food items in the canteen are far more expensive than one would find in a regular corner shop. The canteen has realized that its costs are rising (including the opportunity cost of time), so they must raise their prices.

Marie must eat while she is at school because she is diabetic so she purchase items from the local canteen.

Marie buys jerk chicken and sausages.

When the price of jerk chicken $120, Marie buys 1 sausage

When the price of a jerk chicken increases to $140, Marie buys 3 sausages.

Use information provided above to answer QUESTIONS 36 - 37

What is value of Marie's cross price elasticity of demand between jerk chicken and sausages? (2 marks)

Select one:a.

0.15

b.

6.53

c.

0.015

d.

65.3