Cross elasticity tells a manager that the product they produce is

A) a countercyclical good.
B) a cyclical good.
C) a luxury.
D) a substitute or complement to other goods.


D

Economics

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The U.S. demand for foreign cars has increased dramatically since the early 1900s because

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If the demand for jelly decreases, and the price of grapes (used to make jelly) rises:

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Economics