Question: Based on previous data sets you determine the cross price elasticity of your product (X) has the following relationships: Cross elasticity of X & Y

Based on previous data sets you determine the cross price elasticity of your product (X) has the following relationships: Cross elasticity of X & Y = - 1.4 Cross Easticity of X & Z = + 1.9 What do you hope for? O 1) The price of Product Y to increase 0 2) The price of Product X to increase 0 3) The price of Product Y to decrease O 4) The Price of Product 2 to decrease

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