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13. Substitutes, complements, or unrelated? You work for a marketing firm that has just landed a contract with ftun-of-the-Mils to help them prornote three of their products: apirshy snlashies. flopsicles, and cannies. All of these products have been on the market for some tirne, bet, to entice better sales, Pan-of-the-Mills wants to try a new advertisement that will market two of the products that concumers will likely consume together. As a former economics student, you know that complements are typically consumed together while substitutes can take the place of other goods. Ran-of-the-Muls provides your marketing firm with the following data: When the price of splahy splashies decreases by 4 \%, the quantity of flogicicles - rold decreases by 4% and the quantify of cannies sold increases to 3 . Your yob is to use the gross.price elasticity between aplahy sphishies and the: other goods to determine which goods your marketieg farm should advertise together. Camplete the first colurnu of the following table by camputing the crass price elasticity between stuksty solashies and flapaickes, and theve berweven Finaly, complete the final colame by andicating which good your shoudf recommend marknting with spdshy apdestuest Splishy spiashies and cannies. In the second column, determine if splishy splashies are a complement to or a substitute for each of the goc Finally, complete the final column by indicating which good y . nmend marketing with splishy splashies. \begin{tabular}{l} Cross-Price Elasticity of \\ \hline Flopsicles \\ Cannies \end{tabular} ss-price elasticity between splishy splashies and flopsicles, and then between shy splashies are a complement to or a substitute for each of the goods listed