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1. If the cross-price elasticity of Coke/Pepsi is +0.63, what is relationship between the price of Coke and the demand for Pepsi?

by | Sep 8, 2023 | economics

1. If the cross-price elasticity of Coke/Pepsi is +0.63, what is relationship between the price of Coke
and the demand for Pepsi?
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Transcribed Image Text:1. If the cross-price elasticity of Coke/Pepsi is +0.63, what is relationship between the price of Coke
and the demand for Pepsi?
  

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