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  3. Study Set
    Foundations of Macroeconomics
  4. Exam
    Exam 5: Elasticities of Demand and Supply
  5. Question
    If Beef and Pork Are Substitutes for Consumers,the Cross Elasticity
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If Beef and Pork Are Substitutes for Consumers,the Cross Elasticity

Question 229

Question 229

Multiple Choice

If beef and pork are substitutes for consumers,the cross elasticity of demand between the two products must be


A) negative.
B) positive.
C) indeterminate.
D) elastic.
E) greater than 1.

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