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Lauren1 Lauren1
wrote...
Posts: 4120
9 years ago
If the price of one good increases by 3 percent and the quantity demanded of another good increases by 2 percent, the cross elasticity is ________ and the two goods are ________.
A) 2/3, substitutes
B) 2/3, complements
C) 3/2, complements
D) 3/2, substitutes
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Answer accepted by topic starter
MrDerecheMrDereche
wrote...
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Posts: 4095
9 years ago
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Lauren1 Author
wrote...
9 years ago
Thank you, this really, really helps Heavy Heart
wrote...
9 years ago
You're welcome!
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