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2 months ago

Suppose that a retailer sells 500 six-packs of Dr. Pepper per day at $3.50/six-pack. Also, suppose that the cross-price elasticity between Dr. Pepper and Pepsi is 0.6. Then Dr. Pepper and Pepsi are ________ goods.

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Introduction to Agricultural Economics
Edition: 7th
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2 months ago
Smart ... Thanks!
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