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    Economics For Today Study Set 3
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    Exam 5: Price Elasticity of Demand and Supply
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    The Cross Elasticity of Demand for Substitute Products Must
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The Cross Elasticity of Demand for Substitute Products Must

Question 19

Question 19

Multiple Choice

The cross elasticity of demand for substitute products must:


A) be greater than one.
B) be less than one.
C) be zero.
D) exceed zero.
E) be negative.

Correct Answer:

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