Top Posters
Since Sunday
g
3
3
2
J
2
p
2
m
2
h
2
s
2
r
2
d
2
l
2
a
2
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
chomtong chomtong
wrote...
Go to Answer
Posts: 589
Rep: 0 0
6 years ago
The cross-price elasticity of demand between good X and good Y is -3.  Given this information, which of the following statements is TRUE?
A) The demand for goods X and Y is elastic.
B) The demand for goods X and Y is income elastic.
C) Goods X and Y are complements.
D) Goods X and Y are substitutes.
Read 74 times
1 Reply
Replies
Answer verified by a subject expert
DeToXiFYDeToXiFY
wrote...
#1
Top Poster
Posts: 668
Rep: 11 0
6 years ago
Sign in or Sign up in seconds to unlock everything for free
1

Related Topics

chomtong Author
wrote...

6 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
zbmallo3
wrote...

Yesterday
Thanks
jaray75
wrote...

2 hours ago
Thank you, thank you, thank you!
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1051 People Browsing
 125 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 14836
  
 674
  
 392
Your Opinion
Who will win the 2024 president election?
Votes: 3
Closes: November 4
Previous poll results: What's your favorite coffee beverage?