When two goods are unrelated
A) the demands for both goods will be inelastic.
B) cross price elasticity of demand will be 0.
C) cross price elasticity of demand will be negative.
D) cross price elasticity of demand will be positive.
B
Economics
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A business that is jointly owned by two or more people is called a:
a. partnership b. nonprofit c. nonprofit d. sole proprietorship
Economics
Which of the following information about fiat money is false? Fiat money
A) is backed by gold. B) serves as a medium of exchange. C) has little to no value except as money. D) is authorized by a central bank or governmental body.
Economics