The cross elasticity between two goods is 2.5 . These goods are:
a. perfect complements.
b. imperfect complements.
c. unrelated.
d. substitutes.
e. inferior.
d
Economics
You might also like to view...
A system in which the value of currency issued by the government is based entirely on public faith that the currency will be acceptable in trade is
A) a fiduciary system. B) a private property system. C) a Gresham system. D) a socialistic system.
Economics
How is economic value created during transactions between buyers and sellers?
Economics