For which of the following is the cross-price elasticity of demand most likely a large positive number?
A) hockey pucks and hockey sticks
B) DVDs and milk
C) french fries and onion rings
D) all of these, because the cross-price elasticity is always a positive number

Question

Quizplus · Accepted Answer

French fries and onion rings are likely substitutes, meaning that an increase in the price of one would lead to an increase in the demand for the other, resulting in a large positive cross-price elasticity of demand.

For Which of the Following Is the Cross-Price Elasticity of Demand