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24. The cross-price elasticity of demand between good X and good Y is -3. Given this information, which of the following statements is TRUE?

24. The cross-price elasticity of demand between good X and good Y is -3. Given this information, which of the following statements is TRUE? O Goods X and Y are complements O The demand for goods X and Y is income elastic O The demand for goods X and Y is elastic. O Goods X and Y are substitutes ***************************

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