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Author Question: Economists estimated that the cross-price elasticity of demand for beer and wine is -0.83 and the ... (Read 76 times)

dollx

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on: Jun 29, 2018
Economists estimated that the cross-price elasticity of demand for beer and wine is -0.83 and the income elasticity of wine is 5.03. This means that
 
  A) beer and wine are substitutes and wine is a luxury good.
  B) beer and wine are substitutes and wine is an inferior good.
  C) beer and wine are complements and wine is a luxury good.
  D) beer and wine are complements and wine is an inferior good.

Question 2

Explain the difference between a sole proprietorship and a partnership.
 
  What will be an ideal response?
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bhavsar

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Reply #1 on: Jun 29, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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dollx

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

6ana001

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Reply 3 on: Yesterday
Excellent

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