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The Figure Given Below Shows the Demand Curves for Five

Question 89

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The figure given below shows the demand curves for five products: A, B, C, D, and E.Figure 6.1
The figure given below shows the demand curves for five products: A, B, C, D, and E.Figure 6.1    -Suppose the manager of a store wants to know whether the product of the store across the street is a substitute for her product. In other words, she would need to know if the _____ for the products is positive. A) cross-price elasticity of demand B) price elasticity of demand C) income elasticity of demand D) price elasticity of supply E) cross-price elasticity of supply
-Suppose the manager of a store wants to know whether the product of the store across the street is a substitute for her product. In other words, she would need to know if the _____ for the products is positive.


A) cross-price elasticity of demand
B) price elasticity of demand
C) income elasticity of demand
D) price elasticity of supply
E) cross-price elasticity of supply

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