If the cross elasticity of demand between coffee and tea is ...

[kodithompson]

If the cross elasticity of demand between coffee and tea is positive, an increase in the price of tea will shift the demand curve for
 
  A) tea rightward.
  B) tea leftward.
  C) coffee rightward.
  D) coffee leftward.

Question 2

The magnitude of the slope of the budget line is equal to the ________ or ________ of the good plotted on the ________ in terms of the other good.
 
  A) relative price; marginal cost; y-axis
  B) relative price; total cost; y-axis
  C) relative price; opportunity cost; x-axis
  D) price; opportunity cost; x-axis

[wergv]

Answer to Question 1

C

Answer to Question 2

C