Problem
When the cost of dough-making machines fell by 10 percent, the demand for assistant bakers fell by 15 percent. What is the cross-wage elasticity of demand for assistant bakers in this case? Are assistant bakers and dough-making machines gross substitutes or gross complements?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.