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Consider the Following Pairs of Items

Question 283

Multiple Choice

Consider the following pairs of items:
a. shampoo and conditioner
b. iPhones and earbuds
c. a laptop computer and a desktop computer
d. beef and pork
e. air-travel and weed killer
Which of the pairs listed will have cross-price elasticity of zero?


A) a and b only
B) c only since most people cannot do without computers
C) e only
D) none of the pairs listed

Correct Answer:

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