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The options are 1st:less than/greater than/equal to, 2nd: rises/fall/does not change, 3rd: rise/fall/remain unchanged Please select the correct options and briefly explain your reasoning. If

The options are 1st:less than/greater than/equal to,

2nd: rises/fall/does not change,

3rd: rise/fall/remain unchanged

Please select the correct options and briefly explain your reasoning.

image text in transcribed
If the cross-price elasticity between two goods is [ Select ] zero, the two goods are substitutes. When the price of Good X falls, demand for Good X [ Select ] V , which leads demand for Good Y to [ Select ]

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