Peanut butter and jelly, peanut butter and jelly area substitutes and have a negative, Business Economics

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Peanut butter and jelly

Peanut butter and jelly are:

a. substitutes and have a negative cross-price elasticity of demand.

b. complements and have a positive cross-price elasticity of demand.

c. inferior goods when the income elasticity of demand is positive.

d. complements and have a negative cross-price elasticity of demand.

e. substitutes and have a positive cross-price elasticity of demand.

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Business Economics: Peanut butter and jelly

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