Posted by **Mishal Almandhour** on Thursday, July 1, 2010 at 3:19pm.

Explain the relationship between product X, product Y and product Z or the properties of each according to the following statements

a. Cross price elasticity between X and Y is -4

b. Cross price elasticity between X and Y is 12

c. Cross price elasticity between Y and Z is 0

d. Cross price elasticity between X and Z is 0.6

e. The demand price elasticity for product X is -4

f. The demand price elasticity for product y is - 0.4

g. The Income elasticity for product X is -4

h. The Income elasticity for product Y is 0.4

i. The Income elasticity for product Z is 4

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