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what is the correct answer? 14. If the cross-price elasticity of demand between fish and chicken is 2, then a 2% increase in the price
what is the correct answer?
14. If the cross-price elasticity of demand between fish and chicken is 2, then a 2% increase in the price of fish will result in
A) a 4% increase in the quantity of chicken demanded.
B) a 1% increase in the quantity of chicken demanded.
C) a 10% increase in the quantity of chicken demanded.
D) 20% decrease in the quantity of chicken demanded
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