6Income Cross Elasticity DemandEasy1 markWhat is cross elasticity of demand?Athe responsiveness of price of good X to a change in demand of good YBthe responsiveness of quantity demanded of a good to a change in its priceCthe responsiveness of quantity demanded of good X to a change in quantity of good YDthe responsiveness of quantity demanded of good X to a change in the price of good YGrade answerSolutionGrading criteria