If Two Goods Are Complements,their Cross-Price Elasticity of Demand Is

question 188

Multiple Choice

If two goods are complements,their cross-price elasticity of demand is:

• A)less than 0.
• B)equal to 0.
• C)greater than 0.
• D)impossible to determine without more information.

---

Definitions:

Bank Account

A financial account maintained by a bank for a customer, allowing for the deposit and withdrawal of money.

UML Class Diagram

A type of static structure diagram in the Unified Modeling Language (UML) that describes the structure of a system by showing the system's classes, attributes, operations, and the relationships among objects.

Savings Account

A deposit account held at a financial institution that provides principal security and a modest interest rate.

Recursive Methods

Functions in programming that call themselves in order to solve a problem by breaking it down into smaller and simpler sub-problems.