Cross-price elasticity refers to:
A. the magnitude of the shift in demand for a good in response to a change in its price.
B. how much the quantity demanded of one good changes in response to a change in the price of a different good.
C. how much the quantity demanded of one good changes in response to a change in its price.
D. how much the quantity demanded of a good changes in response to a change in consumers' incomes.
Answer: B
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What will be an ideal response?