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Author Question: Which of the following pairs of goods is most likely to have a positive cross-price elasticity? ... (Read 92 times)

jasdeep_brar

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Which of the following pairs of goods is most likely to have a positive cross-price elasticity?
 
  A) Printers and ink cartridges
  B) A privately-owned car and public transportation
  C) Coffee and sugar
  D) Motorcycles and typewriters

Question 2

What would be the most likely effect on the price of tickets for the Rose Bowl football game if a wealthy alumnus agreed to pay all the travel and lodging expenses of the visiting players?
 
  A) No effect.
  B) The price would fall.
  C) The price would rise.
  D) We have no basis for predicting because college football is a non-profit enterprise.



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triiciiaa

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Answer to Question 1

B

Answer to Question 2

A




jasdeep_brar

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it


cam1229

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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