If two goods are complements, their cross-price elasticity will be

a. positive.
b. negative.
c. zero.
d. equal to the difference between the income elasticities of demand for the two goods.

b

Economics

You might also like to view...

Which of the following is an example of an adverse supply shock?

A) OPEC cuts oil production B) a large oil spill in the Gulf of Mexico C) a devastating hurricane off the Louisiana coast D) all of the above E) none of the above

Economics

Positive externalities can be dealt with by _____ them

a. subsidizing b. taxing c. regulating d. encouraging

Economics