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If the Cross-Price-Elasticity of Goods X and Y Is Negative,then

Question 8

Multiple Choice

If the cross-price-elasticity of goods X and Y is negative,then the sales of X move:


A) in the same direction as the price of Y,and X and Y are complementary goods.
B) in the opposite direction as the price of Y,and X and Y are complementary goods.
C) in the opposite direction as the price of Y,and X and Y are substitute goods.
D) in the same direction as the price of Y,and X and Y are substitute goods.

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