Economics
posted by Will .
Sandra purchases 5 pounds of coffee and 10 gallons of milk per month when the price of coffee is $10 per pound. She purchases 6 pounds of coffee and 12 gallons of milk per month when the price of coffee is $8 per pound. Sandraâ€™s crossprice elasticity of demand for coffee and milk is
A. 0.82, and they are substitutes.
B. 0.82, and they are complements.
C. 1.22, and they are substitutes.
D. 1.22, and they are complements.
Respond to this Question
Similar Questions

Algebra II
Bolivian coffee sells for $4.59 per pound, and Columbian coffee sells for $5.95 per pound. How many pounds of each coffee should be mixed to produce 4000 pounds of a mixture that will be sold for $5.10 per pound? 
Maath
A coffee shop mixes French roast coffee worth $9 per pound with Kona coffee worth $4 per pound. How much of each type of coffee was used in order to obtain 20 pounds of a mixture worth $5 per pound. 
algebra
Mixture Problems Template – Price Problems Copy the problem from the lesson: 1. A store manager wishes to reduce the price on her fresh ground coffee by mixing two grades. If she has 50 pounds of coffee which sells for $10 per pound, … 
Algebra
A coffee manufacturer wants to market a new blend of coffee that will sell for $3.90 per pound by mixing two coffees that sell for $2.75 per pound and $5 per pound, respectively. What amounts of each coffee should be blended to obtain … 
Word Problems
The manager has one type of coffee that sells for $5 per pound and another type that sells for $11 per pound. The manager wishes to mix 90 pounds of the $11 coffee to get a mixture that will sell for $10 per pound. How many pounds … 
algebra
The vendor of a coffee cart mixes coffee beans that cost $8 per pound with coffee beans that cost $4 per pound. How many pounds of each sould be used to make a 60pound blend that sells for $5.25 per pound? 
Math
Christine's Coffee Shop makes a blend that is a mixture of two types of coffee. Type A coffee costs Christine $5.85 per pound, and type B coffee costs $4.40 per pound. This month, Christine made 174 pounds of the blend, for a total … 
algebra
A coffee distributor needs to mix a(n) Queen City coffee blend that normally sells for $9.60 per pound with a Tanzanian coffee blend that normally sells for $11.20 per pound to create 80 pounds of a coffee that can sell for $9.84 per … 
Algebra
A coffee distributor needs to mix a(n) House coffee blend that normally sells for $8.40 per pound with a Mexican Shade Grown coffee blend that normally sells for $14.70 per pound to create 70 pounds of a coffee that can sell for $14.61 … 
math
A store manager wishes to reduce the price of her fresh ground coffee by mixing two grades. If she has 50 pounds of coffee which sells for $1.20 per pound, how much coffee worth 80 cents per pound must she mix with it so that she can …