Question: In the graph on the right, the demand for hot dog buns has changed because the price of hot dogs has risen from $2.00 to

In the graph on the right, the demand for hot dog buns has changed because the price of hot dogs has risen from $2.00 to $2.25 per package. Hot dog buns 4 00- The cross-price elasticity of demand between hot dogs and hot dog buns is 3.75- 3.50- (Use the midpoint formula and enter your response rounded to two decimal places. 3 25 buns Be sure to include the minus sign if necessary.) 3.00- 2.75- 2 50- 2 25- S 200- 1.89 Price (dollars per package 1 50- 1.25- 1 00- D 0.75- 0.50- D2 0.25- 6,000 #7,0009,000 0.00- 3,000 6,000 9,000 12,000 15,000 Quantity (packages of buns per week)
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