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sinerus sinerus
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The cross-price elasticity between good X and good Y is positive. Other things being equal, if the price of X rises
A) a consumer spends more on good Y than on good X.
B) quantity of Y demanded decreases.
C) quantity of Y demanded increases.
D) a consumer spends more on good X than on good Y.
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Survey of Economics: Principles, Applications and Tools

Survey of Economics: Principles, Applications and Tools


Edition: 6th
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tristiontristion
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