Can you determine about consumer demand for your product

Reference no: EM13190576

The price elasticity of demand is -2.0
The income elasticity of demand is 1.5.
The cross- price elasticity of demand between your good and related goods is - 35
What can you determine about consumer demand for your product from this information?

Reference no: EM13190576

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Can you determine about consumer demand for your product : The price elasticity of demand is -2.0 The income elasticity of demand is 1.5. The cross- price elasticity of demand between your good and related goods is - 35 What can you determine about consumer demand for your product from this information

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