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    Exam 22: Government and the Market
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    What Is Likely to Be the Cross- Elasticity of Demand
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What Is Likely to Be the Cross- Elasticity of Demand

Question 12

Question 12

Multiple Choice

What is likely to be the cross- elasticity of demand between the demand for car travel and train fares?


A) High and positive
B) Low and negative
C) High and negative
D) Low and positive

Correct Answer:

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