When Product a Is a Good Substitute for Product B,the

question 66

Multiple Choice

When product A is a good substitute for product B,the cross-price elasticity of demand for products A and B will be _____.

• A)unity
• B)negative
• C)positive
• D)decreasing
• E)increasing

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Definitions:

HR

Stands for Human Resources, focusing on the management and support of employees in an organization.

Informal Channels

Unofficial routes of communication and information exchange within an organization or social group.

Employees Feel Threatened

A situation in which workers perceive their job security, physical safety, or well-being at risk, potentially due to external factors, management decisions, or workplace dynamics.

Unions

Entities that advocate for the collective bargaining rights and working conditions of employees.