Bluebird7928 Bluebird7928
  • 30-01-2024
  • Business
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If the price of petrol rises by 25% and demand for cars falls by 40%, then the cross-elasticity between petrol and car is:
A. Positive and greater than 1
B. Positive and less than 1
C. Negative and greater than 1
D. Negative and less than 1

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