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If consumers have strong brand loyalties towards Levi jeans, which of the following statements about cross elasticity of demand for Levi jeans is likely? [1]

If consumers have strong brand loyalties towards Levi jeans, which of the following statements

about cross elasticity of demand for Levi jeans is likely?

[1] It will be large and positive.

[2] It will be large and negative.

[3] It will be small and positive.

[4] It will be small and negative

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