Examlex

Solved

The Cross Elasticity of Demand Will Be Positive When Goods

question 59

True/False

The cross elasticity of demand will be positive when goods are substitutes and negative when goods are complements.


Definitions:

Eosinophil

A type of white blood cell part of the immune system, known for its role in fighting infections and its involvement in allergic reactions.

Lymphocyte

A kind of leukocyte that plays a role in the immune response, defending the body from infectious diseases and alien intruders.

Macrophage

A type of white blood cell that engulfs and digests cellular debris, foreign substances, microbes, and cancer cells.

Connective Tissue

A type of tissue in the body that supports, connects, or separates different types of tissues and organs, comprised of cells, fibers, and extracellular matrix.

Related Questions