What cross-price elasticity demand price of airline tickets

Reference no: EM133294961

Assignment:

What cross-price elasticity of demand would expect between the price of airline tickets to New York and the demand for hotel rooms in New York? In answer, indicate whether it would be positive, negative, or zero and explain the relationship between the two goods/services (ie. compliments, substitutes, or unrelated).

Reference no: EM133294961

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