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If a 10 percent increase in the price of product A brings about a 3 percent increase in the sales of product B, then. a)
If a 10 percent increase in the price of product A brings about a 3 percent increase in the sales of product B, then.
a) the cross elasticity of demand between these two products is positive.
b) products A and B are complementary.
c) products A and B are substitutes.
d) the demand for these products is inelastic .
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