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tuggy tuggy
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8 years ago
The cross-price elasticity of demand for a good is the:
A) percentage change in the quantity demanded for a good due to a percentage change in the consumer's income.
B) percentage change in the quantity demanded for a good due to a percentage change in the good's price.
C) percentage change in the quantity demanded for a good due to a percentage change in tax rates.
D) percentage change in the quantity demanded for a good due to a percentage change in the price of related goods.
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Microeconomics

Microeconomics


Edition: 1st
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SudzburySudzbury
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8 years ago
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