The Adenium desert rose is a popular garden plant. In the following graph, the demand for Adenium desert rose potted plants shifted to the right because the price of seeds increased from $12 to $14.88 for a pack with 200 seeds. Use the midpoint formula to calculate the cross-price elasticity of the demand for a fully grown potted plant versus seeds.

Transcribed Image Text:

Price of ($ plants) 30 20 0 2 4 6 S Quantity/ potted plant