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The cross-price elasticity of demand between good x and good y is -0.8. Given this information, which of the following statement is true? A) the

The cross-price elasticity of demand between good x and good y is -0.8. Given this information, which of the following statement is true?

A) the demand for goods x and y is income elastic.

B) the demand for goods x and y is elastic.

c) Goods x and y are complements

d) goods x and y are substitutes

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