If the quantity of bagels demanded decreases by 8% when the price of croissants decreases by 16%, the cross-price elasticity of demand between bagels and croissants is
A) 2.
B) 0.5.
C) -2.
D) -5.

Question

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The Answer of If the quantity of bagels demanded decreases by 8% when the price of croissants decreases by 16%, the cross-price elasticity of demand between bagels and croissants is
A) 2.
B) 0.5.
C) -2.
D) -5.

If the Quantity of Bagels Demanded Decreases by 8% When