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The Cross-Price Elasticity of Demand of Products "M" and "N

Question 17

Multiple Choice

The cross-price elasticity of demand of products "M" and "N" is zero. This implies that "M" and "N" are


A) substitute products.
B) complementary products.
C) independent products.
D) unique goods, as the price elasticity of demand for one of them is zero.

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