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    Microeconomics Principles for a Changing World
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    Exam 5: Elasticity
  5. Question
    If the Cross Elasticity of Demand for Two Goods Is
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If the Cross Elasticity of Demand for Two Goods Is

Question 322

Question 322

Multiple Choice

If the cross elasticity of demand for two goods is positive, the two goods are _____ goods.


A) inferior
B) normal
C) substitute
D) complementary

Correct Answer:

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