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    Exam 19: Demand and Supply Elasticity
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    If the Price of Apples Went Down by 20 Percent
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If the Price of Apples Went Down by 20 Percent

Question 274

Question 274

Multiple Choice

If the price of apples went down by 20 percent, which of the following values of the cross price elasticity for boats would be most reasonable to anticipate?


A) 0.0
B) 2.0
C) -2.0
D) -20

Correct Answer:

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