What does the cross elasticity of demand equal
When the price of Ford pickup trucks rises from $18000 to $19000, the quantity of Chevy trucks demanded increases from $112000 to $144000. What does the cross elasticity of demand between Ford and Chevy trucks equal?
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The quantity of Chevy trucks demanded increases from $112000 to $144000. What does the cross elasticity of demand between Ford and Chevy trucks equal?
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