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Suppose that the value of the price of good X decreased from $2.10 to $1.90, and the quantity demanded of another good Y decreased from
Suppose that the value of the price of good X decreased from $2.10 to $1.90, and the quantity demanded of another good Y decreased from 24 to 16. What is the cross price elasticity of good X?
Select one:
a.0.25
b.5.3
c.0.29
d.3.5
e.none of the above
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