If the Cross-Price Elasticity Between Goods a and B Is

question 97

Multiple Choice

If the cross-price elasticity between goods A and B is negative,we know the goods are:

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

---

Definitions:

Biological Community

An assemblage of different species of organisms living together in a particular area, interacting with each other within their environment.

Environment

Refers to the surrounding conditions and factors that affect living organisms, including natural and man-made elements.

Species

Unique type of organism designated by genus name and specific epithet. Of sexual reproducers, often defined as one or more groups of individuals that can potentially interbreed, produce fertile offspring, and do not interbreed with other groups.

Population

A group of organisms of the same species who live in a specific location and breed with one another more often than they breed with members of other populations.