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

question 205

Multiple Choice

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

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

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Definitions:

Celsius

A scale and unit of measurement for temperature where 0° represents the freezing point of water, and 100° represents the boiling point at sea level.

Body Mass Index

A numerical value derived from a person’s weight and height, used to classify underweight, normal weight, overweight, and obesity.

BMI

Body Mass Index, a measure calculated from a person's weight and height, used to classify underweight, normal weight, overweight, or obesity.

Celsius

A scale for temperature in which 0 degrees represents the freezing point of water and 100 degrees its boiling point at sea level.