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OverArmour produces baseball cleats and soccer cleats. Because these two types of shoes are substitutes, demand for both goods will be equal to the average
OverArmour produces baseball cleats and soccer cleats. Because these two types of shoes are substitutes, demand for both goods will be
equal to the average of the individual elasticities
less elastic than the individual demands
more elastic than the individual demands
indifferent to elasticity
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