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    Macroeconomics Study Set 57
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    Exam 4: Elasticity
  5. Question
    Suppose the Cross-Price Elasticity of Demand Between Two Goods Is
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Suppose the Cross-Price Elasticity of Demand Between Two Goods Is

Question 90

Question 90

Multiple Choice

Suppose the cross-price elasticity of demand between two goods is −2. This tells us the two goods are:


A) substitutes.
B) complements.
C) unrelated.
D) inelastic.

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