I need help with a marketing question

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What is the percentage change in one product's sales due to a percentage change in a marketing variable (such as price) for another product?

     
      
      
      

Nov 17th, 2015

Thank you for the opportunity to help you with your question!

Answer Choice C: Cross-elasticity

Because  Cross elasticity of demand measures the quantity demanded of one good in response to a change in price of another.


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Nov 17th, 2015

It cannot be reverse-elasticity because reverse-elasticity deals with one product.

It cannot be demand-elasticity because demand-elasticity refers to only one product.

It cannot be supply-elasticity because supply-elasticity refers to only one product.

Nov 17th, 2015

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Nov 17th, 2015
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