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    Principles of Macroeconomics Study Set 8
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    Exam 5: Elasticity and Its Applications: The Elasticity of Demand
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    For Which Pairs of Goods Is the Cross-Price Elasticity Most
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For Which Pairs of Goods Is the Cross-Price Elasticity Most

Question 264

Question 264

Multiple Choice

For which pairs of goods is the cross-price elasticity most likely to be positive?


A) peanut butter and jelly
B) bicycle frames and bicycle tires
C) pens and pencils
D) college textbooks and iPods

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