concept of cross price elasticity of supply
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Cross-price Elasticity of Supply. • Definition & Formula. It is the proportional (percentage) change in the supply for good X. divided by the proportional (percentage) change in the price of. good Y.
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Cross-price Elasticity of Supply. • Definition & Formula. It is the proportional (percentage) change in the supply for good X. divided by the proportional (percentage) change in the price of. good Y.
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