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    Principles of Microeconomics
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    Exam 10: Identifying Markets and Market Structures
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    If Two Goods Are Strong Substitutes, Cross Elasticity Is
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If Two Goods Are Strong Substitutes, Cross Elasticity Is

Question 27

Question 27

Multiple Choice

If two goods are strong substitutes, cross elasticity is


A) negative
B) positive
C) between zero and one
D) zero
E) one

Correct Answer:

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