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Economics MCQs – Certification Test 341

Other Demand Elasticity Trivia (Question 341) – Learning App & e-Book Download

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MCQ 341: If price of X increases and so as the price of Y decreases is known to be as complementary goods and it's elasticity is:

  1. positive cross price elasticity
  2. inelastic cross price elasticity
  3. negative cross price elasticity
  4. zero elasticity

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