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    Microeconomics Study Set 49
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    Exam 2: Demand and Supply Analysis
  5. Question
    Suppose the Cross-Price Elasticity for Two Goods Is Negative
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Suppose the Cross-Price Elasticity for Two Goods Is Negative

Question 79

Question 79

Multiple Choice

Suppose the cross-price elasticity for two goods is negative. The two goods are:


A) normal goods
B) substitutes
C) complements
D) inferior goods

Correct Answer:

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