If the Cross-Price Elasticity of Demand Between Two Goods Is

question 90

Multiple Choice

If the cross-price elasticity of demand between two goods is -2.2,then the

• A)two goods are substitutes
• B)two goods are complements
• C)income elasticity of demand must be between 0 and 1.0
• D)goods are both normal goods
• E)goods are both inferior goods

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