Always round tire finds the following cross elasticity

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Reference no: EM131002382

Always Round Tire finds the following cross elasticity:

(a) Demand for tires/price of batteries = 0.45.

(b) Demand for tires/price of brake jobs = −0.70.

Discuss how the pricing of batteries, brakes, and oil changes will affect the sales of tires.

Reference no: EM131002382

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