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Suppose the cross elasticity of demand between two goods,X and Y,is negative.If the price of X decreases,the quantity demanded will
Intercept
A point where a line, curve, or surface intersects a coordinate axis.
Absolute Value
The absolute value of a number is its distance from zero on the number line, without considering which direction from zero the number lies, always yielding a non-negative result.
Sketch Graph
The act of drawing a rough outline or diagram of a graph, typically to illustrate behavior or solutions.
Equation
A statement that asserts the equality of two expressions, typically including one or more variables.
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