An increase in the price of pineapples will result in a decrease in the demand for pineapples. a smaller quantity of pineapples supplied. an increase in the supply of pineapples. a larger quantity of pineapples supplied.
An increase in the price of pineapples will result in a decrease in the demand for pineapples. a smaller quantity of pineapples supplied. an increase in the supply of pineapples. a larger quantity of pineapples supplied.
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter5: Elasticity
Section: Chapter Questions
Problem 9SCQ: Suppose the cross-price elasticity of apples with respect to the price of oranges is 0.4, and the...
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Please just give one answer. I already posted this question and the tutor gave me two different answers. They said it was both option a and c and that's incorrect. Thank you
![1:14 PM Sat Feb 27
* 41%
A bartleby.com
An increase in the price of pineapples will result in
a decrease in the demand for pineapples.
a smaller quantity of pineapples supplied.
an increase in the supply of pineapples.
a larger quantity of pineapples supplied.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Ff0cbe437-5cf0-46e5-bae9-eeeba22f4412%2F647eed29-50f8-420c-b264-509b51a395bd%2Ftl1petp_processed.png&w=3840&q=75)
Transcribed Image Text:1:14 PM Sat Feb 27
* 41%
A bartleby.com
An increase in the price of pineapples will result in
a decrease in the demand for pineapples.
a smaller quantity of pineapples supplied.
an increase in the supply of pineapples.
a larger quantity of pineapples supplied.
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