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Cross-Price Elasticity of Demand Measures the Response in the

Question 110

Multiple Choice

Cross-price elasticity of demand measures the response in the


A) price of a good to a change in the quantity of another good demanded.
B) income of consumers to the change in the price of goods.
C) quantity of one good demanded when the quantity demanded of another good changes.
D) quantity of one good demanded to a change in the price of another good.

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