Multiple Choice
If a rise in the price of good B increases the demand for good A, then
A) A and B are substitutes.
B) A and B are complements.
C) the cross elasticity of demand between A and B is negative.
D) A is a resource used in the production of B.
E) the demand for A is price elastic.
Correct Answer:
Verified
Correct Answer:
Verified
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