The Last Chance Deli sells 80 club sandwiches a day when the price of meatball subs is $10 and 110 club sandwiches when they raise the price of meatball subs to $15. Calculate the cross price elasticity when the price of meatball subs is $10. Based on your answer, are these two sandwiches substitutes or complements?

Answer rating: 100% (QA)

Answer Sometimes the demand for one product is influenced b... View the full answer