If the Cross Elasticity of Demand for DVD Players and DVDs

question 6

Multiple Choice

If the cross elasticity of demand for DVD players and DVDs equals -2, then the products are

• A) complements.
• B) normal goods.
• C) unrelated.
• D) substitutes.
• E) inferior goods.

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Definitions:

Disenfranchisement

The revocation or denial of voting rights, often used historically to exclude specific groups from political participation based on race, gender, or socio-economic status.

Literacy Test

Historically, a test administered to potential voters to assess their literacy and understanding of civic topics as a condition for voting, often used to disenfranchise racial and ethnic minorities.

Non-Freeholders

Individuals who do not own land, often excluded from certain rights or privileges in historical contexts, such as voting.