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Use the information in this Grid to complete the Matching Questions: Q. Search Reaction to a 1 % CHANGE in PRICE INCOME Choose... Elasticity Pork Chicken Barbecue White Matrix Beef Fresh Beef Veggies Sauce Rice Income 1.34% Response in Quantity DEMANDED Beef -0.915 0.088 0.134 0.057 -0.254 0.032 0.781 0.134% -.0178 Pork 0.143 -0.755 0.094 0.245 0.024 0.045 0.378 Response in Quantity -0.755 DEMANDED Chicken 0.341 0.103 -0.474 -0.178 0.012 0.056 0.843 0.156 Fresh Veggies 0.078 0.012 0.156 -1.278 0.251 0.022 1.421 0.341% Response in Quantity Barbecue -1.278 DEMANDED Sauce 0.012 0.011 0.023 0.002 -0.9865 0.012 0.384 Pork and Chicken White 0.253 -0.567 Rice 0.114 0.104 0.142 0.254 -0.347 Barbecue Sauce and Beef Barbecue Sauce What is the Cross Price Elasticity value for Fresh Veggies when the price of Chicken increases? Choose... Fresh Veggies Which good(s) is/are inferior by economic definition? Choose... Chicken Which good(s) is/are deemed luxurious by economic definition: Choose... White Rice 3.41% Given the Elasticity of Demand values - what good(s) is/are Elastic? Choose... Given the Elasticity of Demand values - what good(s) is/are closest to Unitary? Choose

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