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Author Question: Suppose the cross elasticity of demand for two goods, X and Y, is positive. If the price of Y falls, ... (Read 147 times)

danitzaidaly

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Suppose the cross elasticity of demand for two goods, X and Y, is positive. If the price of Y falls, then quantity demanded will
◦ fall for both goods.
◦ fall for X and rise for Y.
◦ rise for both goods.
◦ rise for X and fall for Y.
◦ remain the same for both goods.


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Marked as best answer by danitzaidaly on Oct 12, 2022

jojomac20

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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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danitzaidaly

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


smrtceo

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Reply 3 on: Yesterday
Excellent

 

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