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A 20% increase in the price of milk leads to a 10% decrease in the quantity of cereal purchased. The cross-price elasticity of demand between milk and cereal is
选项:

A:

–2 and the two goods are substitutes.


B:

–0.5 and the two goods are substitutes.


C:

2 and the two goods are complements.


D:

–0.5 and the two goods are complements.


E:

0.5 and the two goods are complements.

发布时间:2024-06-21 10:42:33
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