What is the cross price-elasticity of apple sauce, Microeconomics

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What is the cross price-elasticity of apple sauce

If the price of pork chops falls from $8 to $6, and this leads to an increase in demand for apple sauce from 100 to 140 jars, what is the cross price-elasticity of apple sauce and pork chops at a pork chop price of $6?

a. -0.1.17
b. 2.71
c. 0.42
d. -0.86

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Microeconomics: What is the cross price-elasticity of apple sauce

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Recent Questions Asked Microeconomics

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Microeconomics: What is the cross price-elasticity of apple sauce

Reference No:- TGS072351

Recent Questions Asked Microeconomics

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