What is cross-price elasticity of demand in firm and charm

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data collected in the imaginary economy of Perturbia reveals that when the price of cham increased by 20%, the quantity of cham sold decreased by 30%, and the quantity of firm demanded increased by 15%.

what is the cross-price elasticity of demand between frim and charm?

Reference no: EM13213157

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What is cross-price elasticity of demand in firm and charm : data collected in the imaginary economy of Perturbia reveals that when the price of cham increased by 20%, the quantity of cham sold decreased by 30%, and the quantity of firm demanded increased by 15%.

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