Question: Suppose the demand function for good X is given by: Qdx = 1 5 - 0 . 5 Px - 0 . 8 Py where

Suppose the demand function for good X is given by: Qdx =15-0.5Px -0.8Py where Qdx is thequantity demanded of good X, Px is the price of good X, and Py is the price of good Y, which is related to good X. if the price of good X is constant at $10 and the price of good Y decreases from $10 to $8, the cross-price elasticity of demand is about

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