A) B and D B) A and D C) A and C D) A and B
C
In the figure above, when income equals $20,000, what does consumption equal?
A) $0 B) $10,000 C) $20,000 D) impossible to tell
In the above table, the cross price elasticity of demand for good X with good Y when PY falls from $20 to $18 is
A) -2. B) 0. C) +1. D) -1.