Economics · Elasticity of Demand
Cross elasticity of demand will be zero when a given change in the price of good X causes:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1An equal and proportionate change in quantity demanded of Y
- 2No change in the quantity demanded of good Y✓
- 3A more than proportionate change in quantity demanded of Y
- 4A less than proportionate change in quantity demanded of Y
Correct answer
No change in the quantity demanded of good Y
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