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Other Fields Homework Help Economics Topic started by: samualson on Jul 7, 2018



Title: If a rise in the price of good 1 decreases the quantity of good 2 demanded
Post by: samualson on Jul 7, 2018
If a rise in the price of good 1 decreases the quantity of good 2 demanded
A) the cross elasticity of demand is negative.
B) the cross elasticity of demand is positive.
C) good 1 is an inferior good.
D) good 2 is an inferior good.


Title: If a rise in the price of good 1 decreases the quantity of good 2 demanded
Post by: guzman on Jul 7, 2018
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Title: If a rise in the price of good 1 decreases the quantity of good 2 demanded
Post by: samualson on Jul 7, 2018
This helps so much, thank you for responding so quickly...


Title: If a rise in the price of good 1 decreases the quantity of good 2 demanded
Post by: guzman on Jul 7, 2018
No worries, I was online and bored :lol: