Using the data below, which one of the following is most likely?
| Price elasticity of demand for plant-based meat alternatives | -1.65 |
| Cross price elasticity of demand for conventional beef in response to a price change in plant-based meat alternatives | +0.42 |
A decrease in the price of plant-based meat alternatives will decrease revenue; plant-based meat alternatives and conventional beef are Complements
A decrease in the price of plant-based meat alternatives will decrease revenue; plant-based meat alternatives and conventional beef are Substitutes
A decrease in the price of plant-based meat alternatives will increase revenue; plant-based meat alternatives and conventional beef are Complements
A decrease in the price of plant-based meat alternatives will increase revenue; plant-based meat alternatives and conventional beef are Substitutes
