Multiple Choice
The cross elasticity of demand for blank DVDs and DVD burners is likely to be
A) negative because they are complements.
B) positive because they are substitutes.
C) negative because they are substitutes.
D) positive because they are complements.
E) negative because, with the advent of digital cameras, film and film cameras are inferior goods.
Correct Answer:
Verified
Correct Answer:
Verified
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