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    Survey of Economics Principles
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    Exam 4: Elasticity: A Measure of Responsiveness
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    The Cross-Price Elasticity of Demand Between Telephones and Ramen Noodles
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The Cross-Price Elasticity of Demand Between Telephones and Ramen Noodles

Question 120

Question 120

Multiple Choice

The cross-price elasticity of demand between telephones and ramen noodles is most likely


A) positive.
B) negative.
C) zero.
D) greater than one.

Correct Answer:

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