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    Economics for Today Study Set 6
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    Exam 5: Price Elasticity of Demand and Supply
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    The Cross Elasticity Between Two Goods, X and Y, Is
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The Cross Elasticity Between Two Goods, X and Y, Is

Question 47

Question 47

Multiple Choice

The cross elasticity between two goods, X and Y, is positive. From this, we can conclude that goods X and Y are:


A) substitute goods.
B) complementary goods.
C) unrelated goods.
D) inferior goods.

Correct Answer:

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