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The Figure Given Below Shows the Demand Curves for Five

Question 64

Multiple Choice

The figure given below shows the demand curves for five products: A, B, C, D, and E.Figure 6.1
The figure given below shows the demand curves for five products: A, B, C, D, and E.Figure 6.1    -When the cross-price elasticity of demand for two goods is a positive number, one can correctly conclude that: A) the goods are normal goods. B) the goods are inferior goods. C) the goods are substitutes. D) the goods are complements. E) total revenue will increase when the price increases.
-When the cross-price elasticity of demand for two goods is a positive number, one can correctly conclude that:


A) the goods are normal goods.
B) the goods are inferior goods.
C) the goods are substitutes.
D) the goods are complements.
E) total revenue will increase when the price increases.

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