Question: this is only the giv % [uestion 27 (3 points) 1. South Co. and Union Inc. provide word processing services in the same market. For

this is only the giv

this is only the giv % [uestion 27 (3 points) 1. South

% [uestion 27 (3 points) 1. South Co. and Union Inc. provide word processing services in the same market. For some time, they both have charged $1 per standard page of typescript and each has been selling about 20,000 pages per month. Last month, South Co. reduced its price to $0.90 per page and its volume increased to 25,000 pages. During that month, union maintained its price of $1 but saw volume decline to 16,000 What is the cross elasticity of demand between South and Union

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