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Suppose when the price of Oreo cookies rose by 16%, the quantity of Oreo cookies sold fell 12%, and the sale of milk fell 5%.
Suppose when the price of Oreo cookies rose by 16%, the quantity of Oreo cookies sold fell 12%, and the sale of milk fell 5%. What is the cross-price elasticity between milk and Oreo cookies? Include a negative sign if applicable, and round your answer to two decimal places
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