Assume Apples and Oranges Are Substitutes

question 139

Multiple Choice

Assume apples and oranges are substitutes.Suppose apple growers launch a successful advertising campaign that convinces consumers apples are a better product.As a result the cross-price elasticity of apples and oranges will become

• A)Less negative (move closer to zero).
• B)More negative.
• C)Less positive (move closer to zero).
• D)More positive.

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Definitions:

Employee Accomplishments

The achievements or contributions of an employee within their job role or organization.

Personal Interest

An individual’s curiosity or concern about a particular subject, activity, or thing that provides them enjoyment or benefit.

Self-managed Teams

A type of work group that operates without a traditional manager and is responsible for a complete set of tasks.

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