Goods A and B are related goods. The price of good A is $11. When the price of g...
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Goods A and B are related goods.
The price of good A is $11.
When the price of good B is $6, demand for good A is P = 17 - 0.004QA.
When the price of good B is $7, demand for good A is P = 18 - 0.0025QA.
Calculate the cross price elasticity of demand.
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