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The Sign of the Cross-Price Elasticity Tells Us Whether Two

Question 108

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The sign of the cross-price elasticity tells us whether two commodities are complements or substitutes,but the size of this elasticity measure tells us


A) how the supply side of the market reacts to changes in demand
B) whether the government should regulate the two markets
C) which technology producers use
D) how closely the two goods are related
E) whether or not excess profits can be made in either market

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