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Llanis Llanis
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6 years ago
The market demand for wheat is Q = 100 - 2p + 1 pb, where pb is the price of barley. The cross price elasticity of demand for wheat with respect to barley
A) cannot be calculated from just the information provided.
B) is negative.
C) suggests that wheat and barley are complements.
D) equals 1.
Textbook 
Microeconomics

Microeconomics


Edition: 6th
Author:
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ChronosChronos
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#1
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6 years ago
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Llanis Author
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6 years ago
Smart ... Thanks!
bioc
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Yesterday
You make an excellent tutor!
KaylenePig
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2 hours ago
Helped a lot
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