Which two goods would you expect to have a positive cross elasticity of demand and have negative inc

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Which two goods would you expect to have a positive cross elasticity of demand and have negative inc

Which two goods would you expect to have a positive cross elasticity of demand and have negative income elasticity of demand?
A) steak and lobster
B) hot dogs and hot dog buns
C) SPAM and baloney
D) Champaign and caviar

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stars_and_moon Author

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8 years ago

I figured, great answer

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kingby

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8 years ago

I instantly knew the answer when I read the question, happy to help

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