Multiple Choice
An antitrust agency is identifying the product market for Good X and determines that Good X and Good Y have a cross- price elasticity of 18.6. As a result of the cross- price elasticity, the antitrust agency is likely tov Good Y from Good X's product market as the products ______ compete as close substitutes.
A) exclude; do
B) include; do not
C) exclude; do not
D) include; do
Correct Answer:
Verified
Correct Answer:
Verified
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