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Exhibit 19-4 ​

Question 36

Multiple Choice

Exhibit 19-4
​
Exhibit 19-4 ​ -Refer to Exhibit 19-4. As a consequence of the depicted change in supply of X, the demand curve for Y shifted from D<sub>1</sub> to D<sub>2</sub>. What is true of the cross elasticity of demand for Y? A) E<sub>c</sub> > 0 B) E<sub>c</sub> < 0 C) E<sub>c</sub> = 0 D) It cannot be determined from the information provided.
-Refer to Exhibit 19-4. As a consequence of the depicted change in supply of X, the demand curve for Y shifted from D1 to D2. What is true of the cross elasticity of demand for Y?


A) Ec > 0
B) Ec < 0
C) Ec = 0
D) It cannot be determined from the information provided.

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