Multiple Choice
Cross elasticity of demand is
A) negative for complementary goods.
B) negative for substitute goods.
C) unitary for inferior goods.
D) positive for inferior goods.
Correct Answer:
Verified
Related Questions
Cross elasticity of demand is
A) negative for complementary goods.
B) negative for substitute goods.
C) unitary for inferior goods.
D) positive for inferior goods.
Correct Answer:
Verified