Solved

The Cross Elasticity of Demand for Blank DVDs and DVD

Question 12

Multiple Choice

The cross elasticity of demand for blank DVDs and DVD burners is likely to be


A) positive because they are substitutes.
B) positive because they are complements.
C) negative because they are substitutes.
D) negative because they are complements.
E) negative because with the advent of digital cameras, film and film cameras are inferior goods.

Correct Answer:

verifed

Verified

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

Related Questions