question archive 1)If two goods substitute for each other, would the cross-price elasticity be negative? 2)If the demand for bananas is elastic, what impact will an increase in the price of bananas have on total revenue?
Subject:EconomicsPrice:2.88 Bought3
1)If two goods substitute for each other, would the cross-price elasticity be negative?
2)If the demand for bananas is elastic, what impact will an increase in the price of bananas have on total revenue?
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