When You Change Your Quantity Demanded of One Good Because

question 14

Multiple Choice

When you change your quantity demanded of one good because of a change in price of another good,you are acting according to the principle of

• A) price elasticity of demand.
• B) cross-price elasticity of demand.
• C) income elasticity of demand.
• D) price elasticity of supply.
• E) income elasticity of supply.

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Definitions:

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Shaded-Relief Map

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Topographic Map

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