The cross-price elasticity of demand between perf or bork

Reference no: EM13196491

data collected in the imaginary economy of karabekiar reveals that when price of bork increased by 20%, the quantity of bork sold decreased by 15% and the quantity of perf demanded decreased by 10%.

what is the cross-price elasticity of demand between perf and bork?

Reference no: EM13196491

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