Business, 28.06.2021 02:30 douglife5098

The price of a good Printer increases from $2 to $4, causing a decrease in demand for ink from 10 units to 5 units. i) Using the information provided, calculate the cross-price elasticity of demand (XED)
(3marks)

ii) Using the results obtained in (c) (i) above, determine the classification of printer in relation to
ink.

(1 mark

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