The Cross Elasticity of Demand for Strawberry Jelly and Grape

question 53

Multiple Choice

The cross elasticity of demand for strawberry jelly and grape jelly 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 they are inferior goods.

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