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Author Question: Substitutes are pairs of goods that have a positive cross-price elasticity of demand. a. True b. ... (Read 98 times)

dejastew

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on: Jul 1, 2018
Substitutes are pairs of goods that have a positive cross-price elasticity of demand.
 a. True
  b. False

Question 2

If its value of cross-price elasticity is negative, a good must be a necessity.
 a. True
  b. False


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mrphibs

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Reply #1 on: Jul 1, 2018
Answer to Question 1

A

Answer to Question 2

B


dejastew

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Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)

alexanderhamilton

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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