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A grocery store sells two kinds of citrus fruit: oranges and grapefruit. These are competing - when the price of one increases, it causes more
A grocery store sells two kinds of citrus fruit: oranges and grapefruit. These are competing - when the price of one increases, it causes more of the other to be sold.
Let Q(g, r) represent the quantity (in kilograms) of grapefruit sold with g being the price of grapefruit ($/kg) and r being the price of oranges ($/kg).
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