Suppose the cross- elasticity of demand for two goods, X and Y, is positive. If the price of Y falls, then quantity demanded will
A) rise for X and fall for Y.
B) fall for X and rise for Y.
C) fall for both goods.
D) remain the same for both goods.
E) rise for both goods.

Question

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The Answer of Suppose the cross- elasticity of demand for two goods, X and Y, is positive. If the price of Y falls, then quantity demanded will
A) rise for X and fall for Y.
B) fall for X and rise for Y.
C) fall for both goods.
D) remain the same for both goods.
E) rise for both goods.

Suppose the Cross- Elasticity of Demand for Two Goods, X