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tennispro154
tennispro154
24.10.2020 • 
Business

The table gives a set of price and cross-price elasticities for four commodities, W, X, Y and Z. with respect
to price of
elasticity of demand
for commodity
W X Y Z
W –0.3 –0.5 +0.7 –1.3
X –0.7 –1.2 +0.8 +1.6
Y +1.3 +1.7 –3.6 +0.8
Z –2.7 +2.6 +1.7 –0.7
Which pairs of commodities are complements?
A W and X; W and Z
B W and Y; X and Y
C W and Z; X and Z
D X and Y; X and Z

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