Top Posters
Since Sunday
5
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
Loraine Loraine
wrote...
Go to Answer
Posts: 4563
Rep: 33 0
8 years ago
Which of the following is correct?
A) The cross elasticity of demand for substitute goods is positive.
B) The cross elasticity of demand for substitute goods is negative.
C) The cross elasticity of demand equals the percentage change in demand divided by the percentage change in income.
D) The income elasticity of demand for a normal good is negative.
E) The cross elasticity of demand for normal goods is positive.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 172 times
1 Reply
Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
Replies
Answer verified by a subject expert
SydnieSydnie
wrote...
#1
Top Poster
Posts: 3807
Rep: 458 1
8 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

Loraine Author
wrote...

8 years ago
this is exactly what I needed
Smair87
wrote...

Yesterday
Thanks for your help!!
Morgan-C
wrote...

2 hours ago
Helped a lot
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1310 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 4430
  
 300
  
 1160
Your Opinion
What's your favorite math subject?
Votes: 293
Previous poll results: Which 'study break' activity do you find most distracting?