Examlex
Match each word part meaning with its correct word part.
-Study of
Cross Elasticity
A measure of how the quantity demanded of one good responds to a price change of another good.
Complementary Goods
Products and services that are used together. When the price of one falls, the demand for the other increases (and conversely).
Positive
Pertaining to statements or analyses that are based on facts and devoid of any value judgments or recommendations.
Supply Curves
Graphical representations that show the relationship between the price of a good and the total amount of the good that suppliers are willing to sell.
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