In Order to Prove That Motrin and Ibuprofen Are Substitutes

question 222

Multiple Choice

In order to prove that Motrin and Ibuprofen are substitutes, one should measure the ________ and get a ________.

• A)cross-price elasticity; positive number
• B)cross-price elasticity; negative number
• C)price elasticity of demand; number greater than 1 (in absolute value)
• D)price elasticity of demand; number less than 1 (in absolute value)

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