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samualson samualson
wrote...
Posts: 2459
6 years ago
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.
Textbook 
Foundations of Finance

Foundations of Finance


Edition: 9th
Authors:
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guzmanguzman
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Posts: 1068
6 years ago
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samualson Author
wrote...
6 years ago
This helps so much, thank you for responding so quickly...
wrote...
6 years ago
No worries, I was online and bored Grinning Face with Smiling Eyes
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