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.

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Definitions:

Encoding

The process by which information is transformed into a format that can be stored and used in memory.

Seriation

The cognitive ability to arrange objects in sequential order based on a particular characteristic, such as size, color, or age.

Mainstreaming

An educational strategy that involves placing students with special needs in general education classrooms, promoting their inclusion in typical academic and social activities.

Encoding

The process of converting information into a form that can be stored in memory.