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The demand for PCs has been estimated to be Q = 2,000 - 2P + 5R, where P is the average price of PCs and

The demand for PCs has been estimated to be Q = 2,000 - 2P + 5R, where P is the average price of PCs and R is the average price of MACs. At an average PC price of $500 and an average MAC price of $600, the cross-price elasticity of demand for PCs with respect to the price of MACs is: a. -0.5. b. 0.75. c. 4/3. d. -4/3. e. 0.25.

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