A negative value for the cross elasticity of demand between two goods indicates that
A) the goods are complements.
B) the goods are substitutes.
C) one of the goods is normal and the other is inferior.
D) each good is price inelastic.
Question 2
The amount of a tax paid by the buyers will be smaller the
A) more elastic the demand and the more inelastic the supply.
B) more inelastic the demand and the more elastic the supply.
C) more inelastic are both the supply and demand.
D) more elastic are both the supply and demand.
Crystallized negative stain salts
Cross-section of brain showing cerebrovascular accident.
negative feedback
Cross section of the wrist showing tendons and nerves involved in carpal tunnel syndrome.
The demand for oil can be reduced significantly with the introduction of new higher vehicle mileage
Economic recession in 2008 saw a small decrease in demand