The Cross-Price Elasticity of Demand Between Two Goods That Are

question 138

Multiple Choice

The cross-price elasticity of demand between two goods that are substitutes can never be:

• A)negative.
• B)less than one.
• C)greater than one.
• D)positive.

---

Definitions:

Sense

A faculty by which the body perceives an external stimulus; one of the faculties of sight, smell, hearing, taste, and touch.

Ankle Sprain

An injury to the ligaments in the ankle, caused by the ligaments being stretched beyond their normal capacity.

Psychologically Minimized

The process in which an individual's feelings or emotions are downplayed or regarded as less significant.

Physically Minimized

indicates having one's physical presence or the size of physical attributes reduced or made to appear smaller.