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(Figure: Quantity of Good Y and X VI) the Price

Question 137

Multiple Choice

(Figure: Quantity of Good Y and X VI) The price of good Y increased from $1.00 to $5.00. (Figure: Quantity of Good Y and X VI) The price of good Y increased from $1.00 to $5.00. The cross-price elasticity of demand for good X with respect to good Y is ____. A) positive B) negative C) zero D) infinite The cross-price elasticity of demand for good X with respect to good Y is ____.


A) positive
B) negative
C) zero
D) infinite

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