The Cross-Price Elasticity of Demand Is

Multiple Choice

The cross-price elasticity of demand is

A) price elasticity of demand multiplied by the income elasticity of demand
B) the percent change in the price of one commodity with respect to a one-percent change in the quantity demanded of another commodity
C) the percent change in the demand for one commodity with respect to a one-percent change in the price of another commodity
D) negative for substitute goods
E) price elasticity of demand crossed with consumer incomes