For two substitution goods, the cross elastic of demand is?

Economics JAMB 1984

For two substitution goods, the cross elastic of demand is?

  • greater than one but less than two
  • zero
  • negative
  • positive checkmark
  • infinity

The correct answer is: D

Explanation

No official explanation is available for this question at this time. Please check contributions posted by others below. If you can provide an explanation to help other student learn.
Previous Question Next Question

Leave A Comment