Business
Business, 10.04.2020 17:34, shafferakr6

Jeffery Brooks has just landed a job as the produce manager for a large grocery store. The store manager mentioned that last summer a group of students had calculated that the cross elasticity of demand between cantaloupes and watermelons to be 1.10. Jeffery should know that this means:

A) consumers view these two products as substitutes
B) consumers view these two products as complements
C) consumers view these two products as inferior goods
D) consumers view these two products as normal goods
E) consumers view these two products as unrelated products

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Answers: 2

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