For complementary goods, the cross elasticity of demand:
A) Positive
B) Negative
C) Zero
D) None
Correct Answer:
Verified
Q13: Which one of the following is an
Q14: The addition to the total revenue by
Q15: Which cost is to be incurred by
Q16: The marginal utility theory is contributed by:
A)Marshall
B)David
Q17: The factor earning of entrepreneur is:
A)Rent
B)Wage
C)Interest
D)Profit
Q18: The Scarcity definition of Economics is the
Q19: Average Revenue is equal to:
A)Price
B)Cost
C)Profit
D)None of these
Q20: Total Revenue is the maximum when Marginal
Q21: Market economy is also known as:
A)Socialist economy
B)Capitalist
Q22: If the demand curve is linear and
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