If Two Goods Are Substitutes,their Cross-Price Elasticity of Demand Should

question 202

Multiple Choice

If two goods are substitutes,their cross-price elasticity of demand should be:

• A)less than 0.
• B)negative but almost equal to 0.
• C)equal to 0.
• D)greater than 0.

---

Definitions:

Transportation Systems

Infrastructure and vehicles designed for the movement of goods and people from one location to another, including roads, railways, airways, waterways, and pipelines.

American Engineers

Professionals from the United States engaged in the application of scientific principles to design, construct, and maintain structures, machines, and systems.

Publicly Funded

Financially supported by government funds, often referring to institutions, projects, or services that receive taxpayer money.

Federal Government

The national government of a federal country, where power is divided between the central authority and constituent units or states.