If the Cross-Price Elasticity of Two Goods Is Positive,then the Two

question 147

Multiple Choice

If the cross-price elasticity of two goods is positive,then the two goods are

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

Recognize the use of observation as a research method and its applications.

Identify the use of in-depth interviews and focus groups for detailed understanding of consumer behavior.

Understand the design and application of structured and unstructured questions in research.

Grasp the concept of data mining and its usage in analyzing customer patterns and behaviors.