help Substitutes, complements, or unrelated? Data collected in the imaginary eco

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Substitutes, complements, or unrelated? Data collected in the imaginary economy of Khandibar reveals that when the price of drof decreased by 25%, the quantity of drof sold increased by 20%, and the quantity of frim demanded increased by 15%. What is the cross-price elasticity of demand between frim and drof? 0.75 1.67 -0.6 0.6 Which of the following can you conclude based on this information? Check all that apply. The demand for frim is price inelastic in this price range. Drof and frim are unrelated. Drof and frim are substitutes. The demand for drof is pnce inelastic in this price range.

Explanation / Answer

9) 1.67 is the answer

d is the answer

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