Considering the concept of cross-price elasticity, if two goods are complements:
A. an increase in the price of one will cause a decrease in the demand for the other.
B. an increase in the price of one will cause an increase in the demand for the other.
C. a decrease in the price of one will cause a decrease in the demand for the other.
D. the cross-price elasticity is positive.
A. an increase in the price of one will cause a decrease in the demand for the other.
Economics
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