Do the correlation and cross-price elasticity have a relationship? Do they affect each other?

Question

I need this for my extended essay.And if it possible can u suggest me any programme i can use to draw graphs (like autograph) for mac?

Answer 1

of course co relation and cross elasticity of demand are inter related. if the goods are showing positive co relation its like having positive cross price elasticity of demand

and i generally draw graphs with excel and eviews