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  3. Study Set
    Microeconomics Australia
  4. Exam
    Exam 5: Elasticities of Demand and Supply
  5. Question
    If Beef and Pork Are Substitutes for Consumers, the Cross
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If Beef and Pork Are Substitutes for Consumers, the Cross

Question 105

Question 105

Multiple Choice

If beef and pork are substitutes for consumers, the cross elasticity of demand between the two products must be


A) positive.
B) greater than 1.
C) elastic.
D) negative.
E) indeterminate.

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