Exploring Microeconomics (MindTap Course List)
Exploring Microeconomics (MindTap Course List)
7th Edition
ISBN: 9781285859453
Author: Robert L. Sexton
Publisher: Cengage Learning
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Chapter 6, Problem 17P
To determine

Whether a pair of products are substitutes, complements or neither are based upon the following estimates for cross-price elasticity of demand;

a) 0.5

To determine

Whether a pair of products are substitutes, complements or neither are based upon the following estimates for cross-price elasticity of demand;

a) -0.5

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