Business, 31.10.2019 02:31 randall10

"no firm is completely sheltered from rivals; all firms compete for consumer dollars. if that is so, then pure monopoly does not exist." a monopoly is more likely to persist if the cross price elasticity of demand is
a) negative and greater than 1.
b) positive and greater than 1.
c) negative and less than 1.
d) positive and less than 1.

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