) You are the manager of a local flower shop and you compete with one other flower shop in your area. You estimate the cross-price elasticity of demand between your flowers and your competitor's flowers to be 2.60. If your competitor increases the price of her flowers by 4 percent, you should expect which of the following? 10 A) a 1.54 percent increase in the demand for your flowers B) a 10.4 percent increase in the demand for your flowers C) a 1.54 percent decrease in the demand for your flowers D) a 10.4 percent decrease in the demand for your f