If Two Goods Are Complements, Their Cross Elasticity of Demand

question 86

Multiple Choice

If two goods are complements, their cross elasticity of demand will normally be

• A)zero.
• B)a negative number.
• C)a positive number.
• D)infinity.

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Definitions:

Claim

A demand or request for something considered due, such as money, property, or enforcement of a legal right.

UCC Article 2

UCC Article 2 pertains to the sale of goods within the United States, setting forth the rights, responsibilities, and obligations of buyers and sellers.

Perishable Goods

These are items, especially foodstuffs, that are liable to spoil or decay and thus have a short shelf life, requiring careful handling and storage.

Destination

The place to which someone or something is going or being sent.