If the Cross Elasticity of Demand Between Good a and Good

question 319

Multiple Choice

If the cross elasticity of demand between good A and good B is negative,then a decrease in the price of good A results in

• A) an increase in the demand for good B.
• B) a decrease in the demand for good B.
• C) a movement downward along the demand curve for good B.
• D) an increase in the supply of good B.
• E) a decrease in the supply of good B.

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