Answer to Question #220760 in Economics for Pabi

Question #220760

If the cross elasticity of demand between two goods is negative,

  •  A. one of the goods must be a necessity.
  •  B. the two goods are complements.
  •  C. one of the goods must be inferior.
  •  D. the two goods are substitutes.
1
Expert's answer
2021-07-28T14:08:02-0400

B. the two goods are complements.

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