(Solution) If The Price Of Apples Rises From $2 To $2.50 Per Pound, And The Demand For Bananas Increases From 3 To 6 Lbs Per Week, Cross Prices Elasticity Is A.... | Snapessays.com


(Solution) If the price of apples rises from $2 to $2.50 per pound, and the demand for bananas increases from 3 to 6 lbs per week, cross prices elasticity is a....


 If the price of apples rises from $2 to $2.50 per pound, and the demand for bananas increases from 3 to 6 lbs per week, cross prices elasticity is a. -2 b. 1.5 c. -1.75 d. 3i worked out this problem and my answer is not in the answer choices, i got an answer of 4. can you please work this out and show me the steps please

 


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This question was answered on: May 23, 2022

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