If Good a Is a Substitute for Good B, Then

question 173

Multiple Choice

If good A is a substitute for good B, then the cross elasticity of demand is

• A)12.
• B)infinity.
• C)positive.
• D)zero.
• E)less than zero.

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Definitions:

Behavior

The actions or reactions of an organism or system, usually in response to external stimuli.

Oxytocin

A hormone and neurotransmitter involved in childbirth and lactation, also associated with behaviors like bonding, trust, and empathy.

Australian Psychologists

Professionals trained in the science of how people think, feel, behave, and learn, practicing within Australia's specific legal and cultural context.

Metatrait

A higher-order personality trait that reflects a fundamental dimension underpinning multiple related traits.