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The cross-price elasticity of demand measures the percentage change in quantity of a good demanded when the price of a different good changes by 1%.
The cross-price elasticity of demand measures the percentage change in quantity of a good demanded when the price of a different good changes by 1%. What would you anticipate the sign of the cross-price elasticity of demand for blu-ray players and blu-ray discs
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Economics for Managers
Authors: Paul G. Farnham
3rd edition
132773708, 978-0133561128, 133561127, 978-0132773706
