If There Are Only Two Goods and These Are Consumed

question 39

Multiple Choice

If there are only two goods and these are consumed in fixed proportions,the price elasticities of demand for these two goods will sum to

• A)0.0
• B)-0.5
• C)-1.0
• D)a number between 0 and -1.

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Definitions:

Duplexer

A device that allows bi-directional (duplex) communication over a single path or frequency.

Printing On Two Sides

Also known as duplex printing, it refers to the capability of a printer to print on both sides of a sheet of paper automatically, reducing paper usage and promoting environmental sustainability.

Strange Characters

Unusual or unrecognizable symbols or glyphs that appear in text, often due to encoding errors.

Print Head

The component in a printer that applies ink to paper.