Essay
Raina consumes 100% more mechanical pencils when the price of felt-tip pens increases by 50%.For Raina, pencils and pens are , and the cross-price elasticity of demand is
________.
A.complements; 1/2
B.substitutes; -1/2
C.complements; 2
D.substitutes; 2
Correct Answer:
Verified
Correct Answer:
Verified
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