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If the Cross Elasticity of Demand Between Two Goods Is

Question 30

Multiple Choice

If the cross elasticity of demand between two goods is -0.50,then a fall in the price of one good leads to a ________ shift of the ________ curve of the other good.


A) rightward;demand
B) rightward;supply
C) leftward;demand
D) leftward;supply
E) rightward;demand curve and the supply

Correct Answer:

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