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In Order to Prove That Coca Cola and 7-Up Are

Question 66

Multiple Choice

In order to prove that Coca Cola and 7-Up are substitutes, one should test the __________ and get a __________.


A) price elasticity of demand; number less than negative 1
B) income elasticity; positive number
C) cross-price elasticity; negative number
D) price elasticity of demand; number greater than negative 1
E) cross-price elasticity; positive number

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