A Rise in the Price of Good a Shifts the

question 178

Multiple Choice

A rise in the price of good A shifts the

• A)demand curve for good B rightward if the cross elasticity of demand between A and B is negative.
• B)demand curve for good B rightward if the cross elasticity of demand between A and B is positive.
• C)supply curve of B rightward if the cross elasticity of demand between A and B is negative.
• D)supply curve of B rightward if the cross elasticity of demand between A and B is positive.
• E)demand curve for B rightward if the income elasticity of demand for B is positive.

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Definitions:

Tuareg

A nomadic Berber people inhabiting the Sahara and Sahel regions of North and West Africa, known for their distinctive blue clothing and matrilineal society.

Ancestor Spirit

A belief in the ongoing presence and influence of the spirits of deceased ancestors in the lives of the living, common in many cultures worldwide.

Aymara Indians

Indigenous people primarily located in the Andean region of South America, including parts of Bolivia, Peru, and Chile.