Unit 2 Milestone-6

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Nov 24, 2024

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! 1 19/20 " that's 95% Well done! If you keep getting Milestone scores like this you'll pass the course. ! 19 questions were answered . correctly 1 question was answered incorrectly . If jeans and yoga pants are substitutes, what is true about their cross-price elasticity? " ! " It can be positive or negative. " It will always be greater than 1. " It will always be negative. UNIT 2 — MILESTONE 2 19/20
CONCEPT ! Cross-Price Elasticity 2 Report an issue with this question Steven's income decreased from $1,800 a month to $1,200 a month when he went back to school. As a result, he cut back on trips to his favorite gyro stand, from 15 to 10. What is Steven's income elasticity? ! " ! ! $ It will always be positive. $ 1.0 " .33
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