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Author Question: If a lower price for a Pepsi decreases the demand for a Coke, the cross elasticity value for Pepsi and Coke is (Read 114 times)

melina_rosy

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on: May 24, 2019
If a lower price for a Pepsi decreases the demand for a Coke, the cross elasticity value for Pepsi and Coke is
◦ definitely negative.
◦ definitely equal to zero.
◦ definitely positive.
◦ definitely greater than one.
◦ possibly negative, positive, or zero, but there is not enough information to decide.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by melina_rosy on May 24, 2019

trampas

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Reply #1 on: May 24, 2019
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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melina_rosy

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Reply 2 on: May 24, 2019
Excellent

samiel-sayed

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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