Business, 11.03.2020 19:07 angiechill

If the cross-price elasticity of demand for two goods is 1.25, then a. the two goods are luxuries. b. the two goods are substitutes. c. one of the goods is normal and the other good is inferior. d. the demand for one of the goods conforms to the law of demand, but the demand for the other good violates the law of demand.

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If the cross-price elasticity of demand for two goods is 1.25, then a. the two goods are luxuries. b...

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