In the article on SUV sales
A) SUV sales are very responsive to gasoline, which is a substitute good to SUVs.
B) SUV sales did not respond all that much to a rise in gasoline prices, indicating that demand is inelastic for SUVs.
C) Gasoline and SUVs are complementary goods, and when the price of gasoline rose, the demand for SUVs fell.
D) The sign on the cross-price elasticity formula will be positive for SUVs and gasoline.
Correct Answer:
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