The value of the cross-price elasticity of demand between golf balls and golf clubs is _____
A)negative.
B)positive.
C)zero.
D)greater than 1 but less than 3.
E)equal to 1.

Name: The value of the cross-price elasticity of demand between golf balls and golf clubs is _____ A)negative. B)positive. C)zero. D)greater than 1 but less than 3. E)equal to 1.
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Question

Quizplus · Accepted Answer

Golf balls and golf clubs are complements, so the cross-price elasticity of demand is negative.

The Value of the Cross-Price Elasticity of Demand Between Golf