The cross price elasticity of demand is (mathematically) the
A) Percentage change in the quantity demanded of a good divided by the price of that good.
B) Percentage change in the quantity supplied of a good divided by the price of that good.
C) Percentage change in the quantity demanded of one good divided by the price of another good.
D) Percentage change in the quantity supplied of one good divided by the price of another good.
Correct Answer:
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