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Business, 02.03.2020 22:56 karebareyo

If an increase in the price of pineapple juice of 10% results in an increase in the demand for grape juice of 5%, the cross-price elasticity of demand between pineapple juice and grape juice is:

a. -5.0.
b. 0.5.
c. -0.5.
d. 5.0.

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If an increase in the price of pineapple juice of 10% results in an increase in the demand for grape...
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