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Weak Substitute Goods.

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Md. Alamgir Hossan:

•   If goods are weak substitutes, there will be a low cross elasticity of demand.
•   Example, if price of Daily Mail increases 10%, demand for the Financial Times may only increase 1%. Therefore, the cross elasticity of demand is 0.1
•   If price of margarine increases 10%, demand for butter may rise 2%.

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