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If the Cross Elasticity of Demand Between Two Goods Is

Question 125

Multiple Choice

If the cross elasticity of demand between two goods is - 0.56, then a fall in the price of one good leads to a _______ shift in the _______ the other good.


A) rightward; supply curve of
B) leftward; demand curve for
C) leftward; supply curve of
D) rightward; demand curve for

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