Solved

When Two Goods Are Unrelated Then

Question 47

Multiple Choice

When two goods are unrelated then


A) cross-price elasticity of demand will be zero.
B) cross-price elasticity of demand will be positive.
C) cross-price elasticity of demand will be negative.
D) the demand for both goods will be elastic.
E) cross-price elasticity of demand will be infinite.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions