Business, 14.12.2019 02:31, sarahelisabeth444
A. using the data under d1 and d2, calculate the cross elasticity of lorena's demand for golf at all three prices. (to do this, apply the midpoints approach to the cross elasticity of demand.) at $50, cross elasticity = . at $35, cross elasticity = . at $20, cross elasticity = . is the cross elasticity the same at all three prices? . are movies and golf substitute goods, complementary goods, or independent goods? .
b. using the data under d2 and d3, calculate the income elasticity of lorena's demand for golf at all three prices. (to do this, apply the midpoints approach to the income elasticity of demand.) at $50, income elasticity of demand = . at $35, income elasticity of demand = . at $20, income elasticity of demand = . is the income elasticity the same at all three prices? . is golf an inferior good? .
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A. using the data under d1 and d2, calculate the cross elasticity of lorena's demand for golf at all...
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