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The Price Elasticity of Demand Between Milk and Soda Is

Question 149

Multiple Choice

The price elasticity of demand between milk and soda is likely to be:


A) negative, because the goods are complements.
B) positive, because the goods are complements.
C) negative, because the goods are substitutes.
D) positive, because the goods are substitutes.
E) 0, because the goods are not usually consumed by the same person at one time.

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