Suppose the price of salt increases by 25 percent and as a


Suppose the price of salt increases by 25 percent and, as a result, the quantity of pepper demanded (holding the price of pepper constant) decreases by 2 percent.

the cross-price elasticity of demand between salt and pepper is ___ ( enter your response rounded to two decimal places and include a minus sign if appropriate.)

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Business Economics: Suppose the price of salt increases by 25 percent and as a
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