Answered: The same formula for the price…

The same formula for the price elasticity of demand can be used to calculate the cross elasticity of demand, without any change in the equation. yes or no

Survey Of Economics

10th Edition

ISBN:9781337111522

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter5: Price Elasticity Of Demand And Supply

Section: Chapter Questions

Problem 3SQP

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Question

The same formula for the price
elasticity of demand can be used to
calculate the cross elasticity of
demand, without any change in the
equation. yes or no

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