Multiple Choice
If two goods have a cross elasticity of demand of -2,then when the price of one good increases,the demand curve of the other good
A) shifts rightward.
B) shifts leftward.
C) remains unchanged and the supply curve also remains unchanged.
D) might shift rightward, leftward, or remain unchanged.
E) remains unchanged but the supply curve shifts leftward.
Correct Answer:

Verified
Correct Answer:
Verified
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