If the cross-price elasticity between two goods is negative, the two goods are classified as: A. normal.

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If the cross-price elasticity between two goods is negative, the two goods are classified as:

A. normal.

B. substitutes.

C. complements.

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Economics For Investment Decision Makers

ISBN: 9781118111963

1st Edition

Authors: Sandeep Singh, Christopher D Piros, Jerald E Pinto

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Question Posted: Mar 09, 2024 11:02 AM

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If the cross-price elasticity between two goods is negative, the two goods are classified as: A. normal.

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Economics For Investment Decision Makers

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