If Two Goods,X and Y,have a Positive Cross Elasticity of Demand,then

question 19

Multiple Choice

If two goods,X and Y,have a positive cross elasticity of demand,then we know that they

• A)are both inferior goods.
• B)are both normal goods.
• C)are complements.
• D)each have a price elasticity greater than one.
• E)are substitutes.

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Definitions:

Conflict Theorists

Scholars who focus on the societal struggles between different classes or groups, emphasizing the role of conflict, competition, and constraint within society.

Criminal Law

The body of law that relates to crime and the punishment of individuals who violate laws designed to protect public safety and welfare.

Affluent

Characterized by having a large amount of wealth, resources, or goods; wealthy.

Biological Theories

Concepts in science and sociology that attribute human behavior and societal differences to inherent physiological and genetic factors.