Two Goods Are Close Substitutes If

question 32

Multiple Choice

Two goods are close substitutes if:

• A)one good is own- price inelastic and the other is own- price elastic.
• B)the cross- price elasticities of demand are low.
• C)they are both inferior goods.
• D)the cross- price elasticities of demand are large.

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Definitions:

Eating Disorders

Mental disorders characterized by abnormal or disturbed eating habits, such as anorexia nervosa or bulimia nervosa, which severely impact health and quality of life.

Mood Disorders

A category of mental health disorders characterized by a significant and persistent disturbance in mood that impacts daily functioning, including Major Depressive Disorder and Bipolar Disorder.

Gender

A social construct that refers to roles, behaviors, activities, and attributes that a given society considers appropriate for men and women.

Eating Disorders

Disorders characterized by abnormal or disturbed eating habits which negatively affect a person’s health.