If Goods a and B Have a Cross Elasticity of Demand

question 21

Multiple Choice

If goods A and B have a cross elasticity of demand that is positive, this is evidence that goods A and B are __________ goods.

• A)complementary
• B)substitute
• C)normal
• D)inferior

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Definitions:

Depression

A mental health disorder characterized by persistently low mood, lack of interest in activities, and other symptoms that impair daily functioning.

Psychological Triggers

Stimuli or events that provoke a psychological reaction, often related to past trauma or deeply ingrained habits.

Asthma Attacks

Episodes of increased asthma symptoms, such as coughing, wheezing, shortness of breath or tightness in the chest, resulting from inflammation and constriction of the airways.

Precipitating Attacks

Events or factors that trigger the onset of an acute episode of a disease or condition.