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Question 6 1 point possible (graded) MO - XU $2.49 $1.99 D2 D 3 Q1 250 Q2 Q3 Quantity Stuffing / Dressing The graph describes the demand for Sage and Herb Stuffing. At a price of $2.49 the grocery store sells 250 bags of stuffing per week. Using sales data, the store estimates the price elasticity of demand to be 1.2 using the midpoint formula. It was also a bigger than expected harvest for red bliss potatoes and the price of red bliss potatoes fell from 1.79 to 1.49 and the quantity of stuffing sold dropped to 210. What is the cross elasticity of demand for red bliss potatoes and stuffing? Submit You have used 0 of 2 attempts SaveQuestion 15 1 point possible (graded) During the recession consumer income fell by 10%, and Salvation Army Thrift Stores saw demand for second-hand clothing rise while home surround sound systems saw demand decrease during the same time period. One explanation for this is: m second-hand clothing is an inferior good and a home surround sound system is a normal good. A second-hand clothing is a normal good and a home surround sound system is an inferior good. \"5 second-hand clothing and home surround sound systems are unrelated goods, therefore, there is no expectation for how demand for the two will change. A Demand for second-hand clothing violates the law of demand and is upward sloping