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    The Legal Environment of Business Study Set 3
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    Exam 24: Antitrust Laws
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    If Cross-Elasticity of Demand Is Positive, an Increase in Price
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If Cross-Elasticity of Demand Is Positive, an Increase in Price

Question 48

Question 48

True/False

If cross-elasticity of demand is positive, an increase in price of the alleged monopolistic product will result in consumers' sticking to the same product.

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