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Recall the cross-price elasticity from earlier in the class. Suppose an economist estimates the cross price elasticity between brands of soda pop to be 3.55.
Recall the cross-price elasticity from earlier in the class. Suppose an economist estimates the cross price elasticity between brands of soda pop to be 3.55. and the cross price between brands of potato chips to be 0.355. Based on this information you would conclude that
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