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    Exam 5: Elasticity: Demand and Supply
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    When Product a Is a Good Substitute for Product B,the
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When Product a Is a Good Substitute for Product B,the

Question 66

Question 66

Multiple Choice

When product A is a good substitute for product B,the cross-price elasticity of demand for products A and B will be _____.


A) unity
B) negative
C) positive
D) decreasing
E) increasing

Correct Answer:

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