Business, 27.03.2020 02:55 hvvhvc

The quantity demanded of cereal increased from 1,350 to 1,700 when the price of milk decreased from $2.05 to $1.65. What is the estimated cross-price elasticity of demand for cereal? Include a minus sign if elasticity is a negative number. Round your answer to the nearest hundredth.

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The quantity demanded of cereal increased from 1,350 to 1,700 when the price of milk decreased from...

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