If the Cross Elasticity of Demand Between Two Goods Is

question 30

Multiple Choice

If the cross elasticity of demand between two goods is -0.50,then a fall in the price of one good leads to a ________ shift of the ________ curve of the other good.

• A)rightward;demand
• B)rightward;supply
• C)leftward;demand
• D)leftward;supply
• E)rightward;demand curve and the supply

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Definitions:

Due Process Clause

A constitutional provision guaranteeing fair treatment through the normal judicial system, especially as a citizen's entitlement.

Fourteenth Amendment

An amendment to the U.S. Constitution, ratified in 1868, that grants citizenship to all persons born or naturalized in the United States, including former slaves, and provides all citizens with equal protection under the laws.

Same Sex Marriage

A legally recognized marriage between two individuals of the same sex, afforded the same rights and responsibilities as a marriage between individuals of opposite sexes.

Due Process Clause

A constitutional guarantee under the 14th and 5th amendments that governmental actions against individuals must follow fair procedures.