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Say that the demand for good x is 3/(p base x+ p base y). What is the cross price elasticity of demand when p base
Say that the demand for good x is 3/(p base x+ p base y). What is the cross price elasticity of demand when p base x=9 and p base y1? Consider the step from p base y=1 to p base y=1+1 (delta version, not calc version)
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