The Cross-Price Elasticity of Demand Is a Measure of How

Multiple Choice

The cross-price elasticity of demand is a measure of how responsive the:

A) quantity demanded of a good is to a change in its own price.
B) price of one good affects the quantity demanded of another.
C) quantity demanded of a good is to a change in consumers' income.
D) sellers of a good are to a change in its price.