Suppose the change in the price of good A from $20 to $70 causes the individual's demand for good B to shift from D2 to D1. What is the cross price elasticity? Good A Good B $140 $140 $90 $70 $70 $20 $20 D, 10 35 45 70 105 10 35 45 70 105 140 140

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Suppose the change in the price of good A from $20 to $70 causes the individual's
demand for good B to shift from D2 to D1.
What is the cross price elasticity?
Good A
Good B
$140
$140
$90
$90
$70
$70
$20
$20
D,
D,
D,
35 45
35 45
10
70
105
140
10
70
105
140
Transcribed Image Text:Suppose the change in the price of good A from $20 to $70 causes the individual's demand for good B to shift from D2 to D1. What is the cross price elasticity? Good A Good B $140 $140 $90 $90 $70 $70 $20 $20 D, D, D, 35 45 35 45 10 70 105 140 10 70 105 140
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