Multiple Choice
The income elasticities of Products A and B and their cross-price elasticities with respect to Product C are as follows: 
From this information,one can conclude that:
A) Product A is inferior,Product B is normal,Product A is a complement to Product C,and Product B is a substitute for Product C.
B) Product A is normal,Product B is inferior,Product A is a complement to Product C,and Product B is a substitute for Product C.
C) Product A is normal,Product B is inferior,Product A is a substitute for Product C,and Product B is a complement to Product C.
D) Product A is inferior,Product B is normal,Product A is a substitute for Product C,and Product B is a complement to Product C.
Correct Answer:
Verified
Correct Answer:
Verified
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