question archive If hamburgers and french fries have a cross elasticity of -2, and the price of hamburgers increases by 20%, a
If hamburgers and french fries have a cross elasticity of -2, and the price of hamburgers increases by 20%, a
Subject:EconomicsPrice:2.88 Bought3
If hamburgers and french fries have a cross elasticity of -2, and the price of hamburgers increases by 20%,
a. the sales of french fries would increase by 10%.
b. the sales of french fries would decrease by 10%.
c. the sales of french fries would increase by 40%.
d. the sales of french fries would decrease by 40%.
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