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You notice that the price of ultrapure water rises 8%, the demand for chip grade silicon declines 2%. Which is true: Chip grade is a
You notice that the price of ultrapure water rises 8%, the demand for chip grade silicon declines 2%.
Which is true:
- Chip grade is a complement to Ultrapure water with a cross-price elasticity of -0.25
- Chip grade silicon is a substitute to ultra pure water with a cross-price elasticity of -4
- Chip grade silicon is a substitute to ultra pure water with a cross-price elasticity of +4
- Chip grade silicon is a complement to ultra pure water with a cross-price elasticity of +0,25
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