If Two Goods Are Substitutes,their Cross-Price Elasticity Will Be

question 46

Multiple Choice

If two goods are substitutes,their cross-price elasticity will be

• A)positive.
• B)negative.
• C)zero.
• D)equal to the difference between the income elasticities of demand for the two goods.

---

Definitions:

Adolescent Caucasian

A young person, typically in the age range of 10 to 19, belonging to the white racial group of Europe, North Africa, or the Middle East.

Internal Locus of Control

The belief that one controls their own destiny and outcomes, as opposed to external forces.

Hispanic

A term referring to people, cultures, or countries related to Spain, or Spanish-speaking Latin American countries.

Internal Locus of Control

A psychological concept referring to individuals who believe they can control their life events and outcomes as opposed to external forces determining their fate.