Choose the "If two goods are complements, their O a. Cross-price elasticity, positive O b. Cross-price elasticity; negative O c. Own-price elasticity, negative O d. Own-price elasticity; positive IS

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
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Chapter1: Making Economics Decisions
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QUESTION 25
Choose the words/phrases which most accurately complete this sentence:
"If two goods are complements, their
IS
a. Cross-price elasticity, positive
O b. Cross-price elasticity; negative
O c. Own-price elasticity; negative
O d. Own-price elasticity; positive
Transcribed Image Text:QUESTION 25 Choose the words/phrases which most accurately complete this sentence: "If two goods are complements, their IS a. Cross-price elasticity, positive O b. Cross-price elasticity; negative O c. Own-price elasticity; negative O d. Own-price elasticity; positive
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