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A Firm Sells Two Goods X and Y)that Are Related

Question 23

Multiple Choice

A firm sells two goods X and Y) that are related in consumption.The estimated inverse demand and cost functions are:
A firm sells two goods X and Y) that are related in consumption.The estimated inverse demand and cost functions are: <sub> </sub> <sub> </sub> Good X and Y are: A) complements B) substitutes C) independent D) normal E) inferior
Good X and Y are:


A) complements
B) substitutes
C) independent
D) normal
E) inferior

Correct Answer:

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