Suppose the Cross- Elasticity of Demand for Two Goods, X

question 45

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

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Definitions:

Terrestrial Ecosystems

Ecosystems found on land as opposed to aquatic environments, characterized by the organisms that inhabit them and the environment they live in.

Aquifers

Underground layers of water-bearing permeable rock or materials through which groundwater can move and be stored.

Humid Climates

Climates characterized by high levels of humidity and precipitation, commonly found near the equator and in coastal regions.

Food Web

A complex network of interrelated food chains in an ecological community, showcasing the various paths through which energy flows from one organism to another.