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(Solved): When the price of air travelair travel increases by 22 percent and the price of a train ridetra ...



When the price of air travelair travel increases by 22 percent and the price of a train ridetrain ride remains? unchanged, the quantity of train ridestrain rides demanded increases by 88 percent. Calculate the cross elasticity of demand for train ridestrain rides with respect to the price of air travelair travel. Question content area bottom Part 1 The cross elasticity of demand for train ridestrain rides with respect to the price of air travelair travel is enter your response here.



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