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How would you answer this question?
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How would you answer this question?

How would you answer this question?-example-1
User Khaleed
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1 Answer

3 votes

Answer:

Positive; P increases

Explanation:

When gasoline prices go up, the demand for push lawn mowers increases, so the sign of the cross-elasticity is positive.

If gasoline prices go up, and demand for push lawn mowers goes up, then the price for push lawn mowers will also go up.

User Joemat
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