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    Principles of Economics Study Set 12
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    Exam 4: Subtleties of the Supply and Demand Model
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    If the Cross-Price Elasticity Between Two Goods Is Positive, Then
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If the Cross-Price Elasticity Between Two Goods Is Positive, Then

Question 74

Question 74

Multiple Choice

If the cross-price elasticity between two goods is positive, then it is most likely that the two goods are


A) both inferior goods.
B) both luxury goods.
C) complements.
D) substitutes.
E) necessities.

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