The Cross Elasticity of Demand for Blank DVDs and DVD

question 12

Multiple Choice

The cross elasticity of demand for blank DVDs and DVD burners is likely to be

• A) positive because they are substitutes.
• B) positive because they are complements.
• C) negative because they are substitutes.
• D) negative because they are complements.
• E) negative because with the advent of digital cameras, film and film cameras are inferior goods.

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Definitions:

Antiviral Medications

Drugs used to prevent or treat viral infections by inhibiting the development of the virus responsible for the disease.

Urethra

The tube through which urine (and, in men, semen) passes.

Tuskegee Study

A notorious and unethical study conducted by the U.S. Public Health Service to track the progression of untreated syphilis in African American men without their informed consent.

Syphilis

A bacterial infection usually spread by sexual contact that starts as a painless sore and can cause serious health issues if not treated.