Solved: A 2 percent increase in the price of milk causes a 4, Macroeconomics

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A 2 percent increase in the price of milk causes a 4

A 2 percent increase in the price of milk causes a 4 percent reduction in the quantity demanded of chocolate syrup. What is the cross-price of milk elasticity of demand for chocolate syrup with respect to the price of milk? Are the two goods complements or substitutes?

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Macroeconomics: A 2 percent increase in the price of milk causes a 4

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Macroeconomics: A 2 percent increase in the price of milk causes a 4

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