If cross-elasticity of demand is positive, we could conclude that the two products are substitutes.
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Q73: Q151: If demand is inelastic and price falls, Q151: Which of the following circumstances will raise Q152: If the elasticity of demand is unitary Q152: A local transit authority has just applied Q153: A firm's total revenue is equal to Q153: What is the likely effect of the Q157: A straight-line (constant-sloped) demand curve does not Q158: If demand is elastic and price rises, Q159: If income elasticity is positive, we could
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