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If the Cross- Price Elasticity of Nicorette, a Nicotine Replacement

Question 18

Multiple Choice

If the cross- price elasticity of Nicorette, a nicotine replacement therapy, and cigarettes is 0.7, then:


A) tobacco companies cans till make money.
B) cigarettes and Nicorette are not compatible.
C) cigarettes and Nicorette are substitutes.
D) cigarettes and Nicorette are complements.

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