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Question 26 (1 point) A 3 percent rise in the price of orange juice decreases the quantity of orange juice demanded by 9 percent and

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Question 26 (1 point) A 3 percent rise in the price of orange juice decreases the quantity of orange juice demanded by 9 percent and increases the quantity of apple juice demanded by 15 percent. The price elasticity of demand for orange juice is . The cross elasticity of demand for apple juice with respect to the price of orange juice is O A) - 3; 5 O B) -0.33; 0.2 O C) 0.33; -5 ( D) 0.33; 0.2 O E) 3; 5

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