Solved

When Two Goods Have Positive Cross Elasticities of Demand and Positive

Question 119

Multiple Choice

When two goods have positive cross elasticities of demand and positive income elasticities, they are:


A) ​Normal and substitutes.
B) ​Normal and complements.
C) ​Inferior and substitutes.
D) ​Inferior and complements.

Correct Answer:

verifed

Verified

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

Related Questions