I need all explanations of each choices . 8) The greater the substitutability between Northwest timber and
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Question:
I need all explanations of each choices .
8) The greater the substitutability between Northwest timber and Southeast timber,
the ____ is the cross price elasticity of demand between timber from the two
regions and the ____ is the own price elasticity of demand for Northwest timber.
A) smaller; smaller
B) smaller; larger
C) larger; smaller
D) larger; larger
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