If Two Goods Are Complements, Their Cross-Price Elasticity Will Be

question 156

Multiple Choice

If two goods are complements, 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:

Stemplot

A graphical method used in statistics to display the distribution of a dataset, where each number is split into a stem and a leaf, thus showing the shape of the data.

Split the Stem

A method in stem-and-leaf plots to increase the plotting resolution by splitting stems into two halves, improving data visualization.

Stemplot

A simple graphical representation used in statistics to display quantitative data, showing data values split into a 'stem' and 'leaf' format.

Distribution

In statistics, it refers to the way in which values of a variable or a set of variables are spread or dispersed across a range.