Multiple Choice
If goods A and B are complements, then
A) the cross elasticity of demand between A and B is negative.
B) the cross elasticity of demand between A and B is positive.
C) their income elasticities of demand are both greater than 1.
D) their income elasticities of demand are both less than 1.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q301: Of the following, demand is likely to
Q302: Propecia was developed to treat mild to
Q303: Microsoft raises the price of its Office
Q304: Of the following, demand is likely to
Q305: If the elasticity of supply is 4,
Q307: Last year in the United States, the
Q308: The price elasticity of demand for meat
Q309: If there is an increase in the
Q310: If your demand for a good is
Q311: If a 5 percent increase in the