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The cross-price elasticity of demand for Coke with respect to the price of Pepsi has been estimated to be 0.61.If the price of Pepsi falls by 10%,all other things unchanged,the quantity demanded of Coke will:
Experimental Group
In scientific research, the group of subjects who receive the treatment or condition that is being tested.
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Control Group
In experimental research, a group of subjects that is not exposed to the treatment being tested, serving as a benchmark to measure the effects of that treatment.
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