A 10 percent decrease in the price of a Pepsi decreases the demand for a Coca-Cola by 50 percent. The cross elasticity of demand between a Pepsi and Coca-Cola is
A) 50.
B) 10.
C) 5.
D) 0.20.
C
Economics
A) 50.
B) 10.
C) 5.
D) 0.20.
C