If the Cross-Price Elasticity of Two Goods Is Positive,then Those

question 389

Multiple Choice

If the cross-price elasticity of two goods is positive,then those two goods are

• A) substitutes.
• B) complements.
• C) normal goods.
• D) inferior goods.

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Definitions:

Glaciers

Large masses of ice, formed by the accumulation and compaction of snow, that move slowly over land.

Smooth Relations

The practice of maintaining harmonious and effective interactions and relationships among members within an organization.

Shared Goals

Objectives that are pursued by a group or team, requiring collaboration and cooperation for achievement.

Communicate Freely

The ability to express thoughts, feelings, or information without restraint or censorship.