Product of the store across street is substitute for product

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Reference no: EM131169249

Suppose the manager of a store wants to know whether the product of the store across the street is a substitute for her product. In other words, she would need to know if the _____ for the products is positive.

a) price elasticity of supply

b) income elasticity of demand

c) cross-price elasticity of demand

d) price elasticity of demand

e) cross-price elasticity of supply

Reference no: EM131169249

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