What is the arc cross-price elasticity of demand

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If the price of MARTA tokens increases from $1.50 to $2.50, the number of student parking spaces demanded changes from 975 to 1025.

What is the arc cross-price elasticity of demand for student parking spaces with respect to the price of MARTA tokens?__________________.
What is the relationship between MARTA tokens and student parking spaces? These two goods are _________________ goods.

Reference no: EM132066179

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