The greater the positive cross elasticity coefficient between products "x" and "y": O The closer the substitutability of "x and y" Ob The less sensitive the sales of x" are given a change in the price of "y" OC The more sensitive the sales of each product are to an increase in income Od. The closer "x and y are as complementary goods.

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
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Chapter1: Making Economics Decisions
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The greater the positive cross elasticity coefficient between products "x" and "y":
O a The closer the substitutability of "x" and y"
Ob The less sensitive the sales of "x" are given a change in the price of "y"
OC The more sensitive the sales of each product are to an increase in income
Od The closer "X and "y" are as complementary goods.
Transcribed Image Text:The greater the positive cross elasticity coefficient between products "x" and "y": O a The closer the substitutability of "x" and y" Ob The less sensitive the sales of "x" are given a change in the price of "y" OC The more sensitive the sales of each product are to an increase in income Od The closer "X and "y" are as complementary goods.
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