All other things equal, the more and better the substitutes a product has the mo

Question

All other things equal, the more and better the substitutes a product has the more its elasticity of demand will be: greater than one and its cross elasticity with the other goods less than zero. greater than one and its cross elasticity with the other goods greater than zero. less than one and its cross elasticity with the other goods greater than zero. less than one and its cross elasticity with the other goods less than zero All other things equal, the more and better the substitutes a product has the more its elasticity of demand will be: greater than one and its cross elasticity with the other goods less than zero. greater than one and its cross elasticity with the other goods greater than zero. less than one and its cross elasticity with the other goods greater than zero. less than one and its cross elasticity with the other goods less than zero greater than one and its cross elasticity with the other goods less than zero. greater than one and its cross elasticity with the other goods greater than zero. less than one and its cross elasticity with the other goods greater than zero. less than one and its cross elasticity with the other goods less than zero greater than one and its cross elasticity with the other goods less than zero.

Explanation / Answer

greater than one and its cross elasticity with the other goods greater than zero

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