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    Principles of Economics Study Set 4
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    Exam 4: Elasticity
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    The Cross-Price Elasticity for Bread and Potatoes Is Estimated to Be
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The Cross-Price Elasticity for Bread and Potatoes Is Estimated to Be

Question 65

Question 65

Multiple Choice

The cross-price elasticity for bread and potatoes is estimated to be 0.5.This implies bread and potatoes are:


A) normal goods.
B) substitutes.
C) unrelated.
D) complements.

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