leratomaringa24 leratomaringa24
  • 20-08-2022
  • Business
contestada

Illustrate cross elasticity of demand between two complementary goods.

Respuesta :

archit75
archit75 archit75
  • 20-08-2022
The cross elasticity of demand for substitute goods is always positive because the demand for one good increases when the price for the substitute good increases. Alternatively, the cross elasticity of demand for complementary goods is negative
Answer Link

Otras preguntas

The water level in a swimming pool increased from 4.5 feet to 6 feet. What is the percent increase in the water rounded to the nearest tenth of a percent? Show
how do you do stochiology
why does Paine begin his argument for independence with a attack on the principle of monarchy and hereditary succession?
How did the democracy of Athens influence the American government?
Why were roads significant to the roman republic and ancient cultures and religions of the same time period
How do I find the slant height of a square pyramid? The base length is 4 inches and the area of it is 136 square inches. Thank you!
Mike can cut a 40 foot by 20 foot yard with a push mower in 25 minutes. At this rate, how many more minutes would it take him to cut a 40 foot by 30 foot yard?
The product of two consecutive positive integers is 27 more than 5 times the larger
Which sentence does not contain any errors in comma usage?         A. Our old sweaters look like big, fluffy animals.       B. This is the worst, and
a butterfly has a wingspan of 66mm and a height of 6cm which i greater its wingspan or its height