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Some Observers Have Been Predicting for Years That the Printed

Question 16

Multiple Choice

Some observers have been predicting for years that the printed book will be replaced with the electronic book. What does this imply about the cross -price elasticity between printed books and electronic books?


A) It is negative.
B) It is zero.
C) It is positive.
D) It is not possible to determine this without more information.

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