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Answer to Question #100276 in Economics for Anjali Meena

Question #100276
What would be the cross-wage elasticity of demand if two products are treated as complements?

A) Positive
B) Negative
C) One
D) Zero
1
Expert's answer
2019-12-12T05:53:41-0500

The cross-wage elasticity of demand is negative, if two products are treated as complements.

So, the correct answer is B.


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