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11-10-2022
Business

Answered

which of the following will have positive signs / negative signs: a) price elasticity of demand; b) income elasticity of demand (normal good); c) income elasticity of demand (inferior good); d)Cross elasticity of demand (with respect to changes in price of a substitute good); e) Cross elasticity of demand (with respect to changes in price of a complementary good); f) price elasticity of supply?

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