What is cross elasticity of demand

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1. What is cross elasticity of demand? How can it be used to tell if goods are substitutes for each other or complementary to each other?

2. What is the rationing function of prices? Should health care be subject to this type of rationing? Be sure to comment on at least two other posts.

3. If the Government revised its progressive income tax schedule to include a marginal tax rate of 80 percent, would you like to be in that tax bracket?

Reference no: EM13733676

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