Consider the Following Pairs of Items

question 22

Multiple Choice

Consider the following pairs of items:
A.shampoo and conditioner
B.iPhones and earbuds
C.a laptop computer and a desktop computer
D.beef and pork
E.air-travel and weed killer
Which of the pairs listed will have a negative cross-price elasticity?

• A)a and b only
• B)c and d only
• C)e only
• D)a, b, and c only

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Definitions:

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