Which of the Following Statements Is True

question 39

Multiple Choice

Which of the following statements is true?

• A) The price elasticity of demand is positive when there is an inverse relationship between price and quantity demanded.
• B) A positive income elasticity indicates that demand for a good rises as consumer income falls.
• C) A positive cross-price elasticity for two goods A and B would arise if A and B were demand complements.
• D) A negative cross-price elasticity for two goods A and Bwould arise if
• A and B were demand complements.

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Definitions:

Carpals

Bones forming the wrist that connect the hand to the forearm.

Phalanges

The bones of the fingers and toes.

Metacarpals

are the five long bones in the hand that connect the wrist to the fingers, forming the part of the hand's skeleton known as the metacarpus.

Ulna

One of the two long bones in the forearm, extending from the elbow to the smallest finger, and when in anatomical position, is located on the inner aspect of the forearm.