Multiple Choice
The cross-price elasticity of demand between Coca-Cola and Pepsi is likely to be _____
A) negative because the goods are complements.
B) positive because the goods are complements.
C) negative because the goods are substitutes.
D) positive because the goods are substitutes.
E) zero because the goods are not usually consumed by the same person at one time.
Correct Answer:

Verified
Correct Answer:
Verified
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