Which of the Following Is Correct

question 114

Multiple Choice

Which of the following is correct?

• A) The income elasticity of demand for a normal good is negative.
• B) The cross elasticity of demand for normal goods is positive.
• C) The cross elasticity of demand equals the percentage change in demand divided by the percentage change in income.
• D) The cross elasticity of demand for substitute goods is positive.
• E) The cross elasticity of demand for substitute goods is negative.

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Definitions:

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The horizontal bar at the top of a window that displays the name of the application or document.

Tabular Layout

A way of arranging data in rows and columns, similar to spreadsheets, for efficient display and analysis.

Remove Layout

An action or command in software that eliminates predefined formatting or structural elements from a document or interface.

Stacked

A term used in various contexts to describe items arranged vertically on top of each other.