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Business, 30.10.2021 04:00 jojokeys

Suppose the cross-price elasticity of demand for butter and margarine is equal to 0.96 but the cross-price elasticity for water and lemons is –0.13. This means that butter and margarine are , while water and lemons are . A) complements; substitutes B) substitutes; complements C) inelastic goods; elastic goods D) elastic goods; complements

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Suppose the cross-price elasticity of demand for butter and margarine is equal to 0.96 but the cross...
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