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I the price of Pepsi falls while the demand for Coca - Cola falls, is the cross - price elasticity of demand between the pair
I the price of Pepsi falls while the demand for Coca Cola falls, is the crossprice elasticity of demand between the pair of products likely to be positive or negative?
Therefore, the crossprice elasticity of demand between "substitutes" is most likely
and the crossprice elasticities of demand between "complements" is most likely
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