If the Cross Elasticity of Demand Is Negative,that Means the Goods

question 156

Multiple Choice

If the cross elasticity of demand is negative,that means the goods

• A) have elastic demands.
• B) have inelastic demands.
• C) are complements.
• D) are substitutes.
• E) are inferior.

---

Definitions:

Demographic Data

Statistical data relating to the population and particular groups within it, such as age, race, gender, and income.

World Population

The total number of living humans on Earth at a given time.

Projected Population

An estimate of future population size based on current data and trends.

Total Fertility

The average number of children that would be born to a woman over her lifetime if she were to experience the exact current age-specific fertility rates throughout her childbearing years.