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Author Question: If two goods, X and Y, have a negative cross elasticity of demand, then we know that they (Read 53 times)

bvyeehaw

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on: Oct 12, 2022

Question 1

Cross-price elasticity of demand may be defined as


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Question 2

If two goods, X and Y, have a negative cross elasticity of demand, then we know that they
◦ are both inferior goods.
◦ are substitutes.
◦ each have a price elasticity greater than one.
◦ are both normal goods.
◦ are complements.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by bvyeehaw on Oct 12, 2022

dianagarcia

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Reply #1 on: Oct 12, 2022
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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bvyeehaw

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Reply 2 on: Oct 12, 2022
Great answer, keep it coming :)

jordangronback

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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