When the price of a cell phone increases by 5 percent, the quantity of cell phone calls demanded decreases by 3 percent. calculate the cross elasticity of demand for cell phone calls with respect to the price of a cell phone?
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Home » Business » When the price of a cell phone increases by 5 percent, the quantity of cell phone calls demanded decreases by 3 percent. calculate the cross elasticity of demand for cell phone calls with respect to the price of a cell phone?