When price of coke rises from 5 to 7 quantities demanded
When price of coke rises from $5 to $7, quantities demanded for coke falls from 1000 to 800, and quantities demanded for pepsi rises from 300-400. Calculate the cross elasticity of demand, using the mid-point approach.
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when price of coke rises from 5 to 7 quantities demanded for coke falls from 1000 to 800 and quantities demanded for
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