A study estimates the cross-price elasticity between, Business Economics

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A study estimates the cross-price elasticity between

A study estimates the cross-price elasticity between subscription satellite radio service and subscription Internet radio to be -2.5. Based on this information, we infer that the two services are

a. Inferior goods

b. Complements

c. Inelastic

d. Substitutes

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Business Economics: A study estimates the cross-price elasticity between

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Business Economics: A study estimates the cross-price elasticity between

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