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This question belongs to Management Managerial Economics
Managerial Economics
?

Match the items of the List-I with those of the List-II and indicate the correct answer.
List-I List-II
a. Positive income elasticity 1. Substitute goods
b. Negative income elasticity 2. Complementary goods
c. Positive cross elasticity 3. Inferior goods
d. Negative cross elasticity 4. Superior goods

Answer & Solution
Correct Answer: Option C
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