For which of the following pairs of products would we expect the cross elasticity of demand to be negative?
A)printers and toner cartridges
B)iPhones and BlackBerry smartphones
C)butter and margarine
D)LCD TVs and plasma TVs
E)acetaminophen and ibuprofen

Question

Quizplus · Accepted Answer

Printers and toner cartridges are complementary goods, meaning that an increase in the price of one leads to a decrease in the demand for the other, resulting in a negative cross elasticity of demand.

For Which of the Following Pairs of Products Would We