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Suppose the demand curve for product x is given by: Q x = 600 - 0.2(P x )- 0.04(P y ) What is the cross-price

Suppose the demand curve for productxis given by:

Qx= 600 - 0.2(Px)- 0.04(Py)

What is the cross-price elasticity of demand x with respect to y whenPx= $20 andPy= $10? Interpret your answer.

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