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  1. Cross Price
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Cross Elasticity of Demand
4:16
YouTubeEdspira
Cross Elasticity of Demand
This video shows how to calculate the Cross Elasticity of Demand. The Cross Elasticity of Demand is found by dividing the percentage change in quantity demanded of a good by the percentage change in the price of a related good. If the Cross Elasticity of Demand is positive, this means the two goods are substitutes (an increase in the price of ...
18.3K viewsFeb 19, 2017
Cross Elasticity of Demand Examples
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