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Calculate the cross price elasticity of demand (CPED), specify if the goods are complements or substitutes...

Calculate the cross price elasticity of demand (CPED), specify if the goods are complements or substitutes and justify why:

a) A 10% increase in the price of pizza lead to a 12% decrease in the quantity demanded of beer.

b) A 15% increase in the price of apples lead to a 30% increase in the quantity demanded of oranges.

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