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

question 119

Multiple Choice

If the cross-price elasticity of demand between two goods is negative,then

• A)the two goods are complements
• B)the two goods are substitutes
• C)as price of one good rises,the quantity demanded of the other good also rises
• D)one of the goods must be inferior
• E)the two goods are rarely used together by consumers

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