单选题
Which one of the following best describes the cross elasticity of demand?
A、
The percentage change in quantity demanded of one product divided by the percentage change in its price.
B、
The percentage change in price of a product divided by the percentage change in quantity demanded.
C、
The percentage change in quantity demanded of one product divided by the percentage change in price of another product.
D、
The percentage change in price of one product divided by the percentage change in quantity demanded of another product.
【正确答案】
C
【答案解析】
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