The cross-price elasticity of demand between breeze detergent and faber detergent is a relatively large positive number, then it indicates
a) the two brands are probably made by the same company.
b) detergents are necessities.
c) the two brands of detergent are close substitutes
d) consumers have a distinct preference for one brand versus the other
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The cross-price elasticity of demand between breeze detergent and faber detergent is a relatively la...
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