Top Posters
Since Sunday
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
r
4
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
apadong apadong
wrote...
Go to Answer
Posts: 856
Rep: 1 0
6 years ago
The cross-price elasticity of demand between good X and good Y is 0.5.  Given this information, which of the following statements is TRUE?
A) Goods X and Y are substitutes.
B) The demand for goods X and Y is inelastic.
C) The demand for goods X and Y is income inelastic.
D) Goods X and Y are complements.
Read 72 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

apadong Author
wrote...

6 years ago
Good timing, thanks!
Lourd Jenkins
wrote...

Yesterday
Thanks for your help!!
riptide
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
  952 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 565
  
 297
  
 219