If the Cross Elasticity of Demand Is -5 Between French

question 384

Multiple Choice

If the cross elasticity of demand is -5 between french fries and orange drink, then french fries

• A) and orange drink are complements.
• B) and orange drink are substitutes.
• C) are a normal good and orange drink is an inferior good.
• D) are an inferior good and orange drink is a normal good.

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Definitions:

Raymond Cattell

A British and American psychologist known for his research on personality, intelligence, and psychometrics, including the development of several personality and intelligence tests.

Personality Assessment Inventory

A psychological assessment tool designed to evaluate a wide range of personality and psychopathological attributes in individuals.

Clinical Diagnosis

The process of identifying a disease or condition based on a patient's symptoms and diagnostic tests, within a clinical setting.

Psychopathology

Exploring mental health issues by understanding their signs, underlying reasons, and methods of care.