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if a 10% decrease in the price of product A brings about a 3% increase in the sales of product B, then
a. product A and B are complementary
b. the cross elasticity of demand between these two products is positive
c. product A and B are substitutes
d. the demand for these products is inelastic
e. the total revenue earned from product A will decrease
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how do i calculate how much the gorverment should spend if the MPC is 0.8 and 200million is requered to reach full employment ?
Consider the impact of an increase in thriftiness in the Keynesian-cross analysis. Assume that the marginal propensity to consume is unchanged, but the intercept of the consumption
what is the role of advertising in baumol''s model?
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