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    Microeconomics Study Set 23
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    Exam 2: The Basics of Supply and Demand
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    Coffee and Cream
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Coffee and Cream

Question 45

Question 45

Multiple Choice

Coffee and cream:


A) are both luxury goods.
B) are complements.
C) are both more inelastic in demand in the long run than in the short run.
D) have a positive cross price elasticity of demand.

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