question 5

Initially a burger costs $15, and a change in the market makes the price of a burger $14; before the change in the price of a burger, Sid consumed 8 cups of Sprite per week and now consumes 18 cups of Sprite per week. Indicate whether the changes are positive or negative and keep 2 decimals. What is the percentage change in the price of a burger? % What is the percentage change in the quantity of Sprite? % What is the Cross Price Elasticity of Demand? In this example, are Sprite and a burger complements or substitutes? .Complements Substitutes earn more