[Answered] The value of cross-price elasticity of demand between orange soda and grape soda is a. negative b. ...

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Author Question: The value of cross-price elasticity of demand between orange soda and grape soda is a. negative b. ... (Read 114 times)

jeatrice

Hero Member
Posts: 543

on: Jul 1, 2018

The value of cross-price elasticity of demand between orange soda and grape soda is
a. negative
b. positive
c. 0
d. between -1 and 0
e. less than -1

Question 2

The value of cross-price elasticity of demand between golf balls and golf clubs is
a. negative
b. positive
c. 0
d. greater than 1
e. less than 1

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LegendaryAnswers

Sr. Member
Posts: 341

Reply #1 on: Jul 1, 2018

Answer to Question 1

B

Answer to Question 2

A

jeatrice

Hero Member
Posts: 543

Reply #2 on: Jul 1, 2018

Thank you

LegendaryAnswers

Sr. Member
Posts: 341

Reply #3 on: Jul 1, 2018

Happy to help you

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