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Microeconomics - 54: Complements

Example: Price of pizza is constant and people buy 11 pizzas/hr. Soft drink increases from $1.50 to $2.50. No other influence on buying plans changes and the quantity of pizza bought falls to 9 an hour. What is the cross elasticity of demand? Microeconomics - 53: Substitutes: Microeconomics - 55: Income Elasticity of Demand: **Please rate, comment, and subscribe!!
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