Multiple Choice
If both of two goods have price elasticities of demand, price elasticities of supply, income elasticities of demand and cross elasticities of demand all equal to 2.0:
A) They are both normal and substitutes.
B) They are both normal and complements.
C) They are both inferior and substitutes.
D) They are both inferior and complements.
Correct Answer:
Verified
Correct Answer:
Verified
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