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Answer to Question #220762 in Economics for Pabi
Question #220762
The cross elasticity of demand between a McDonalds burger and a Nandos burger is
- A. negative because McDonalds burger and Nandos burger are substitutes.
- B. negative because McDonalds burger and Nandos burger are complements.
- C. positive because McDonalds burger and Nandos burger are complements.
- D. positive because McDonalds burger and Nandos burger are substitutes.
Expert's answer
A. negative because McDonald's burger and Nandos burger are substitutes.
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