Suppose the Cross Elasticity of Demand for Two Goods,X and Y,is

question 49

Multiple Choice

Suppose the cross elasticity of demand for two goods,X and Y,is positive.If the price of Y falls,then quantity demanded will

• A)rise for both goods.
• B)fall for both goods.
• C)rise for X and fall for Y.
• D)fall for X and rise for Y.
• E)remain the same for both goods.

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Definitions:

Transvestic Disorder

A paraphilic disorder consisting of repeated and intense sexual urges, fantasies, or behaviors that involve dressing in clothes of the opposite sex, accompanied by clinically significant distress or impairment. Also known as transvestism or cross-dressing.

Homosexuality

Sexual attraction, affection, or behavior between members of the same sex or gender.

Sexual Masochism Disorder

A paraphilic disorder in which a person has repeated and intense sexual urges, fantasies, or behaviors that involve being humiliated, beaten, bound, or otherwise made to suffer, accompanied by clinically significant distress or impairment.

Humiliated

The feeling of shame, embarrassment, or loss of dignity resulting from an action, event, or circumstance that degrades one's self-respect or the respect of others.