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treetreee treetreee
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5 years ago

Question 1.

If the cross-price elasticity of demand for goods A and B is zero, this means the two goods are unrelated.

• true

• false

Question 2.

A recent study indicated that "Stricter college alcohol policies such as raising the price of alcohol, or banning alcohol on campus, decrease the number of students who use marijuana." This indicates that the cross-price elasticity between alcohol and marijuana is positive.

• true

• false
Textbook 
Microeconomics

Microeconomics


Edition: 7th
Authors:
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ShayT0923ShayT0923
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5 years ago
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treetreee Author
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5 years ago
Good timing, thanks!
gmiannotti
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Yesterday
Helped a lot
gma_of_7
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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