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An economist estimated the cross - price elasticity for peanut butter and jelly to be - 1 . 5 . Based on this information, we

An economist estimated the cross

-

price elasticity for peanut butter and jelly to be

- 1.5 .

Based on this information, we know the goods are a

.

inferior goods. b

.

complements

.

.

inelastic

.

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