to determine wether two goods are subtitutes or complements, an economist would estimate the
select one:
a. cross-elasticity of demand
b. income elasticity of demand
c. price elasticity of supply
d. price elasticity of demand.
select one:
a. cross-elasticity of demand
b. income elasticity of demand
c. price elasticity of supply
d. price elasticity of demand.
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Answer:
a. cross-elasticity of demand