The percentage change in the demand for one good divided by the percentage change in the price of a related good is the
A) price elasticity of demand.
B) price elasticity of supply.
C) cross price elasticity of demand.
D) income elasticity.
C
Economics
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The inflation rate measures the average prices of goods and services in the economy
Indicate whether the statement is true or false
Economics
Which of the following is excluded in the current account?
a. Goods exports. b. Goods imports. c. Capital inflow and outflow. d. Net unilateral transfers.
Economics