This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If the cross elasticity of demand between goods X and Y is positive and between goods X and Z is ... (Read 102 times)

amal

  • Hero Member
  • *****
  • Posts: 572
on: Jun 29, 2018
If the cross elasticity of demand between goods X and Y is positive and between goods X and Z is negative, then X and Y are ________ and X and Z are ________.
 
  A) price inelastic; complements
  B) complements; substitutes
  C) substitutes; complements
  D) price inelastic; income elastic

Question 2

In the above figure, the amount of tax revenue is
 
  A) 2,000.
  B) 4,000.
  C) 6,000.
  D) 8,000.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

yeungji

  • Sr. Member
  • ****
  • Posts: 319
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

B


amal

  • Member
  • Posts: 572
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

ecabral0

  • Member
  • Posts: 310
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Mendel's procedure for cross-fertilizing pea plants Mendel's procedure for cross-fertilizing pea plants
(A) Scratch test; patient is exposed to allergens through a light scratch on the skin; (B) Positive (A) Scratch test; patient is exposed to allergens through a light scratch on the skin; (B) Positive
Continuous positive airway pressure (CPAP) device. The sleeping subject is receiving the benefits of Continuous positive airway pressure (CPAP) device. The sleeping subject is receiving the benefits of
A cross-section of the skin reveals three layers A cross-section of the skin reveals three layers
Cross-sectional data showing that the amount of effort spent on personal health care increases with Cross-sectional data showing that the amount of effort spent on personal health care increases with
Artificial cross-fertilization of pea plants Artificial cross-fertilization of pea plants
Video: hGH (protein synthesis, growth and development)

For a complete list of videos, visit our video library