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If the cross elasticity of demand for potato chips and pretzels equals 1.5, Selected Answer: potato chips and pretzels must be complements. .potato chips and
If the cross elasticity of demand for potato chips and pretzels equals 1.5,
Selected Answer:
potato chips and pretzels must be complements.
.potato chips and pretzels must both be luxury goods.
either potato chips or pretzels must be a luxury good, and both may be luxury goods.
potato chips and pretzels must be substitutes.
potato chips and pretzels must be complements.
none of the options provided
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