Economy, asked by choudhuryabhirup7, 19 days ago

They demanded of mutto increases by 5 when the price or chicken increases 20% comment on the nature of two goods

Answers

Answered by ksantosh2010gmailcom

0

Answer:

0.25

Explanation:

We know

Cross price elasticity =

%ΔPy(chicken)

%ΔQx(beef)

=

20%

5%

=+0.25.

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