If a change in the price of apples results in a change in the quantity supplied of

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If a change in the price of apples results in a change in the quantity supplied of oranges, then the goods are:

a. own-price elastic

b. cross-price elastic

c. related

d. unrelated

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Principles Of Agricultural Economics

ISBN: 9780415540704

1st Edition

Authors: Andrew Barkley, Paul W. Barkley

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Question Posted: Apr 17, 2024 08:00 AM

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If a change in the price of apples results in a change in the quantity supplied of

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The answer is b crossprice elastic Crossprice elasticity measures how the demand for one good change...View the full answer

Principles Of Agricultural Economics

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