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    Microeconomics A Contemporary Introduction Study Set 1
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    Exam 5: Elasticity of Demand and Supply
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    The Value of Cross-Price Elasticity of Demand Between Orange Soda
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The Value of Cross-Price Elasticity of Demand Between Orange Soda

Question 27

Question 27

Multiple Choice

The value of cross-price elasticity of demand between orange soda and grape soda is


A) negative
B) positive
C) 0
D) between -1 and 0
E) less than -1

Correct Answer:

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