Business, 22.02.2020 06:07, alondraalfaro06

A rise in the price of sushi of from 98cents to $1.02 a piece decreases the quantity of soy sauce demanded form 101 units to 99 units an hour and decreases the quantity of sushi demanded by 1 percent an hour. Calculate the price elasticity of demand for sushi and the cross elasticity of demand for soy sauce with respect to the price of sushi.

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A rise in the price of sushi of from 98cents to $1.02 a piece decreases the quantity of soy sauce de...