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The cross-price elasticity of demand for cream with respect to the price of coffee is -0.5.If we expect the price of coffee to decline by
The cross-price elasticity of demand for cream with respect to the price of coffee is -0.5.If we expect the price of coffee to decline by 20%, what is the expected change in the quantity demanded for cream?
Group of answer choices
-10%
+5%
+4%
+10%
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