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The initial price and quantity of widgets demanded are (P1= 12,Q1=8). The subsequent price and quantity are(P=9,Q2=10).Compute the cross elasticity of demand 2. The initial

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The initial price and quantity of widgets demanded are (P1= 12,Q1=8). The subsequent price and quantity are(P=9,Q2=10).Compute the cross elasticity of demand

image text in transcribed
2. The initial price and quantity of widgets demanded are (P1 = 12. Q1 = 8). The subsequent price and quantity are (P2 = 9, 02 = 10). Compute the cross elasticity of demand

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