question archive If Good C increases in price by 20% a pound, and this causes the quantity demanded for Good D to increase by 30%, what is the cross-price elasticity of the two goods? What is the relationship between the two goods?

If Good C increases in price by 20% a pound, and this causes the quantity demanded for Good D to increase by 30%, what is the cross-price elasticity of the two goods? What is the relationship between the two goods?

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If Good C increases in price by 20% a pound, and this causes the quantity demanded for Good D to increase by 30%, what is the cross-price elasticity of the two goods? What is the relationship between the two goods?

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