Although we could describe both the cross-priceelasticity of demand between paper coffee cupsand plastic coffee lids and the cross-price elasticityof demand between sugar and artificial sweeteners as highly elastic, the first cross-price elasticityis negative and the second is positive. What is thereason for this?

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A: please find the answer below.

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A:

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A:

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A:

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A: Hey, Thank you for the question. According to our policy we can only answer up to 3 sub parts per…

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Q: shopping

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Q: what is the income elasticity of demand for automobiles

A: Q2=3 Q1=1 Y2=50000 Y1=25000