If beef and pork are substitutes for consumers, the cross elasticity of demand between the two products must be
A) negative.
B) positive.
C) indeterminate.
D) elastic.
E) greater than 1.
B
Economics
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Over the last 50 years, the employment ratio has risen most significantly among ________
A) men B) women C) blacks D) Hispanics
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The relationship between the marginal product of labor (MP), the product price (P), and marginal revenue product of labor (MRP) in a perfectly competitive market is
a. MP = P x MRP b. MP = MRP / P c. MRP = P + MP d. MRP = P / MP e. MP = P + MRP
Economics