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    Microeconomics Theory with Applications
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    Exam 3: Demand Theory
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    In Order for a Maker of Cellophane Not to Be
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In Order for a Maker of Cellophane Not to Be

Question 40

Question 40

Multiple Choice

In order for a maker of cellophane not to be charged with monopolizing the market, the cross- price elasticity of cellophane and other packaging products has to be:


A) high.
B) low.
C) not defined.
D) zero.

Correct Answer:

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