If Two Goods Have a Positive Cross- Price Elasticity of Demand

question 93

True/False

If two goods have a positive cross- price elasticity of demand they are substitutes.

---

Definitions:

Sales Commission

A payment made to salespersons, often calculated as a percentage of the sales they generate.

Overtime Charges

Additional wages paid to employees for hours worked beyond the standard workweek.

Accounting Numbers

Quantitative data concerning financial transactions, reflecting a company's financial performance and position.

Decision Monitoring

The process of overseeing and evaluating the effectiveness of decisions made within an organization.