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Business, 04.01.2021 02:50 tay840

In anticipation of the college's athletic banquet, Lauren considered purchasing gifts for several members of the athletics club who had put a lot of time and effort into making it such a successful program. Lauren decided to buy roses for the women and a leather-bound portfolio and resume paper combination for the men. Which of the following scenarios corresponds to cross-price elasticity? A. Lauren worked overtime last week and made more money. As a result, she decided to purchase the more expensive portfolios that have the university logo on the front, and she decided to buy one more than she had originally planned. B. A local high school's prom is also the same weekend as the ceremony, so the price of roses has increased. C. Lauren cannot decide which color of roses to buy because they are all priced the same. D. The price of resume paper has decreased. Because of this, Lauren can now afford to purchase more paper and an additional portfolio and still be within her budget for gifts.

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