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Author Question: For which of the following pairs of products would we expect the cross elasticity of demand to be negative? (Read 46 times)

kmoyer2

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on: Oct 12, 2022

Question 1

If pizza and beer are complementary goods, we can conclude that
◦ their cross-elasticity of demand is positive.
◦ both goods are inferior goods.
◦ the income elasticity of demand is positive.
◦ their cross-elasticity of demand is negative.
◦ the income elasticity of demand is negative.

Question 2

For which of the following pairs of products would we expect the cross elasticity of demand to be negative?
◦ iPhones and Android smartphones
◦ LCD TVs and plasma TVs
◦ printers and toner cartridges
◦ butter and margarine
◦ acetaminophen and ibuprofen
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by kmoyer2 on Oct 12, 2022

annaelena92

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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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kmoyer2

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Reply 2 on: Oct 12, 2022
Excellent

epscape

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

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