A rise in the price of good A shifts the
A) demand curve for good B rightward if the cross elasticity of demand between A and B is negative.
B) demand curve for good B rightward if the cross elasticity of demand between A and B is positive.
C) supply curve of B rightward if the cross elasticity of demand between A and B is negative.
D) supply curve of B rightward if the cross elasticity of demand between A and B is positive.
E) demand curve for B rightward if the income elasticity of demand for B is positive.
Correct Answer:
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