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Suppose the cross-price elasticity of portable hard drives on cloud-based storage was 0.38. How are portable hard drives and cloud-based storage related?

A: portable hard drives and cloud-based storage are complements.

B: portable hard drives and cloud-based storage are substitues.

C: portable hard drives and cloud- based storage are unrelated goods.

D: portable hard drives and cloud- based storage are both normal goods.

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Beverley Smith
Beverley SmithLv2
17 Dec 2019
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