Question: Consider two goods X and Y. There was no change in price of X, but its demand was seen to fall from 6000 units to

Consider two goods X and Y. There was no change in price of X, but its demand was seen to fall from

6000 units to 5500 units. On analysis it was found that price of another commodity Y has increased from

225 to 250. Find out the cross-elasticity of demand between X and Y and the relationship between the two

commodities.

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