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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 cross-price elasticity of zero?
Nonfinancial Compensation
Benefits or incentives provided to employees that do not involve direct payment, such as health insurance, retirement plans, or company car.
Employee Recognition Programs
Schemes designed to acknowledge and reward employees for their performance and contributions to the organization.
Health Insurance
A form of insurance coverage that pays for medical and surgical expenses incurred by the insured, often offered by employers as part of benefits packages.
CPI
Stands for Consumer Price Index, a measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care, used to estimate the economy's inflation rate.
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