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    Managerial Economics
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    Exam 2: Demand Theory
  5. Question
    If Two Goods Are Very Close Complements, Then the Cross-Price
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If Two Goods Are Very Close Complements, Then the Cross-Price

Question 15

Question 15

True/False

If two goods are very close complements, then the cross-price elasticity of demand between the two goods will be large and negative.

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