If quantity of good X demanded increases from 4000 units to 5000 units – McqOptions

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1.	If quantity of good X demanded increases from 4000 units to 5000 units when price of good Y increases from Rs 75 to Rs 90, find Arc Cross elasticity ofÂ demand?
A.	0.55
B.	1.66
C.	0.25
D.	1.22
Answer» E.

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