Suppose that the current price of a blat is $10 per ounce and at that price there are 250 blats demanded. Ceteris paribus, if the price of a zing increases from $5 per pound to $10 per pound, the quantity demanded of zings decreases from 40 zings to 30 zings and it causes the quantity demanded of blats to increase to 300. 1. Using the mid-point method and rounding to two decimal places, what is the cross price elasticity of the demand for blats with regards to the price of zings? Submit