If Goods X and Y Are Complements,then the Cross Price

question 6

Multiple Choice

If goods x and y are complements,then the cross price elasticity of demand between them will be:

• A)positive.
• B)negative.
• C)zero.
• D)infinity.

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Definitions:

HCl

Hydrochloric acid, a strong corrosive acid that is a simple diatomic molecule consisting of hydrogen and chlorine, used in many industrial and scientific applications.

K

The elemental symbol for potassium, a metal that is essential for life and is used in a wide variety of industrial processes.

HA

Hyaluronic Acid, a substance naturally present in the human body and used in cosmetic products for its hydrating properties and in medicine for treating joint disorders.