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    Exam 2: The Basics of Supply and Demand
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    If Two Goods Are Substitutes, the Cross-Price Elasticity of Demand
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If Two Goods Are Substitutes, the Cross-Price Elasticity of Demand

Question 67

Question 67

Multiple Choice

If two goods are substitutes, the cross-price elasticity of demand must be:


A) negative.
B) positive.
C) zero.
D) infinite.

Correct Answer:

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