The effect of a change in the price of tea on the quantity of coffee demanded is measured by the
a. price elasticity of demand
b. substitute elasticity of demand
c. cross-price elasticity of demand
d. income elasticity of demand
e. alternative elasticity of demand
C
Economics
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On a secondary stock market, such as the New York Stock Exchange,
a. firms sell new issues of stock b. firms make initial public offerings c. previously issued bonds are sold and resold d. previously issued shares of corporations are sold and resold e. firms sell newly issued bonds
Economics
Soft budget constraints is an idea of:
a. Mises b. Schumpeter c. Kornai d. Keynes e. Smith
Economics