If You Know the Cross-Price Elasticity Between Two Goods Is

question 159

Multiple Choice

If you know the cross-price elasticity between two goods is positive,then it suggests that the two goods are:

• A)substitutes.
• B)complements.
• C)normal goods.
• D)inferior goods.

---

Definitions:

Audience

The group of people who are the intended recipients of a message, performance, or piece of media.

Keynote

A main or highlighted speech delivered to set the underlying tone and summarize the core message of an event.

PowerPoint

A presentation program developed by Microsoft, used for creating slide shows composed of text, graphics, and other objects.

Linear Nature

A sequential, step-by-step progression or development of something.