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Phydeaux Phydeaux
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Posts: 541
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6 years ago
A negative value for
A) price elasticity of supply means an upward-sloping supply curve.
B) cross elasticity of demand means that products are complements.
C) price elasticity of demand means an inferior good.
D) income elasticity of demand means a normal good.
E) income elasticity of demand means you have made a calculation mistake.
Textbook 
Microeconomics for Life: Smart Choices for You

Microeconomics for Life: Smart Choices for You


Edition: 2nd
Author:
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6 years ago
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