If Two Goods Are Substitutes,their Cross-Price Elasticity Will Be

question 46

Multiple Choice

If two goods are substitutes,their cross-price elasticity will be

• A)positive.
• B)negative.
• C)zero.
• D)equal to the difference between the income elasticities of demand for the two goods.

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Definitions:

Negative Afterimages

Visual illusions that occur when looking away after staring at an image for a period, resulting in seeing a complementary color or shadow of the original.

Color Receptors

Photoreceptor cells in the retina of the eye responsible for detecting color.

Saturation

In a context, it refers to the stage where no additional information or responses are obtained from research participants; in color theory, it represents the intensity of a color.

Brightness

The perception of how light or dark a color appears; a subjective measure of the intensity of light.