If Two Goods Have a Cross Elasticity of Demand of -2,then

question 316

Multiple Choice

If two goods have a cross elasticity of demand of -2,then when the price of one good increases,the demand curve of the other good

• A) shifts rightward.
• B) shifts leftward.
• C) remains unchanged and the supply curve also remains unchanged.
• D) might shift rightward, leftward, or remain unchanged.
• E) remains unchanged but the supply curve shifts leftward.

---

Definitions:

Suburban Life

A lifestyle characterized by residing in the suburbs, areas that lie on the outskirts of a city, often depicting a middle-class, residential environment.

Ecological Succession

The process by which the structure of a biological community evolves over time, involving species that colonize an environment and gradually change it, leading to the replacement of one group of species by another.

Human Ecology

Is a theoretical approach to urban sociology that borrows ideas from biology and ecology to highlight the links between the physical and social dimensions of cities and identify the dynamics and patterns of urban growth.

Modern Office Towers

High-rise buildings designed with advanced architectural techniques and technologies to house offices and commercial activities in urban centers.