cuando el precio de Y aumenta de $12.00 a $14.00. Price of good X (dollars) 20 0 a. 0.645 b. 0.42 750 c. 0.20 d. 2.00 e. 15.38 D (P, = $12) La elasticidad cruzada es: 800 Quantity of good X D* {P« = $14}
cuando el precio de Y aumenta de $12.00 a $14.00. Price of good X (dollars) 20 0 a. 0.645 b. 0.42 750 c. 0.20 d. 2.00 e. 15.38 D (P, = $12) La elasticidad cruzada es: 800 Quantity of good X D* {P« = $14}
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter5: Elasticity
Section: Chapter Questions
Problem 10RQ: What is the formula for calculating elasticity?
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Question
Use the following graph to estimate the cross elasticity of demand for good X when the price of Y increases from $12.00 to $14.00
The cross elasticity is:
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