Question

When the price of erasers increases from $1.50 to $2.50, the quantity demanded of pencils is unchanged. The cross-price elasticity of demand between erasers and pencils is ________ because erasers and pencils are ________.

a. 1; substitutes

b. u00bd ; complements

c. 0; normal goods

d. 0; unrelated

e. -u00bd ; complements

Answer

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