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

question 58

True/False

If the cross-price elasticity of demand for two goods is negative, then the two goods are substitutes.

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Definitions:

Domestic Work

Tasks and activities performed to manage and maintain a household, such as cooking, cleaning, and childcare.

Second Shift

The unpaid housework and child care often expected of women after they complete their day’s paid labor.

Emotional Numb

A state in which a person is unable to experience or express emotions as a result of psychological trauma or stress.

Supermoms

A term used to describe women who manage to excellently juggle the demands of motherhood, career, and household, often under the pressure of societal expectations.