If X and Y are two goods, then the cross elasticity of demand for X WITH RESPECT TO y is defined as the?
-
A.
percentage change in the quantity of X divded by the percentage change in the price of Y -
B.
percentage change in the quantity of X divided by change in the price of Y -
C.
change in the quantity of X divided by change in the price of Y -
D.
percentage change in the quantity of X divided by the price Y -
E.
percentage change in the price of X divided by percentage change in the quantity of Y