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stars_and_moon stars_and_moon
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8 years ago
When the price of Moose Tracks ice cream increases from $3 to $4, the quantity demanded of Moose Tracks ice cream decreases from 1,000 to 900, and the quantity demanded of Chubby Hubby ice cream increases from 500 to 550. What is the cross elasticity of demand for Chubby Hubby and Moose Tracks? Are Chubby Hubby and Moose Tracks complements or substitutes?
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kingbykingby
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#1
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8 years ago
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#2
8 years ago
I compared your answer with a buddy, and it matches

Thanks
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#3
8 years ago
I was slightly debating this one, thanks for the feedback
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