If the Cross Elasticity of Demand Between Goods a and B

question 66

Multiple Choice

If the cross elasticity of demand between goods A and B is positive, then

• A)the demands for A and B are both price elastic.
• B)the demands for A and B are both price inelastic.
• C)A and B are complements.
• D)A and B are substitutes.
• E)A and B are independent goods.

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