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Question 2 : Suppose that a 20% increase in the price of gasoline causes a 5% decrease in the consumption of gasoline and a 30%

Question 2 : Suppose that a 20% increase in the price of gasoline causes a 5% decrease in the consumption of gasoline and a 30% drop in the sales of SUVs. What can you say about elasticities? Describe the nature of the relation between two products

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