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    Labor Economics Study Set 2
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    Exam 26: The Long Run Demand for Labor and Adjustment Costs
  5. Question
    If Two Inputs Are Gross Substitutes,their Substitution Elasticity Will Be
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If Two Inputs Are Gross Substitutes,their Substitution Elasticity Will Be

Question 25

Question 25

Multiple Choice

If two inputs are gross substitutes,their substitution elasticity will be


A) zero.
B) positive.
C) negative.
D) - 1.
E) 1.

Correct Answer:

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