If the cross price elasticity of demand between two goods is positive, then the two goods are
A) substitutes.
B) complements.
C) independent.
D) unrelated.
A
Economics
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Which of the following shifts the demand curve for movie downloads rightward?
A) a decrease in the price of downloading a movie B) a 10 percent increase in people's income if movie downloads are a normal good C) a decrease in the price of cable television service D) an increase in the quantity and quality of programming included in the basic cable television service package
Economics
Which of the following will occur when the capital stock increases?
A) profit per unit of capital will increase B) profit per unit of capital will decrease C) there will be no change in profit per unit of capital D) there will be an ambiguous effect on profit per unit of capital E) none of the above
Economics