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Question on substitutes Y are substitutes. Which of the following is TRUE? e price of X will result in a decrease in the equilibrium he

Question on substitutes
Y are substitutes. Which of the following is TRUE? e price of X will result in a decrease in the equilibrium he price of X will result in an increase in the equilibriu e price of X will result in an increase in the equilibrium 4 of the above is true. and is 2.0. Is the demand curve relatively steep or flat? Wil Note: the elasti its absolute

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