If the cross elasticity between two products is positive then we can say that

Related MCQs

• If the cross price elasticity of demand for two product is negative, then the two products are ……………….
• Cross elasticity of a nearly perfect substitute products will be
• Cross elasticity of unrelated products will be
• Cross elasticity of complementary products will be
• If the price elasticity of a product is greater than 1, we can say that
• An individual is spending his entire income on two items A and B equally. If income elasticity of A is 4 what is income elasticity of B
• If an individual is spending his entire income on two items A and B in the ratio of 60:40. If income elasticity of A is 5 what is income elasticity of B
• If prices of Eggs rises from `25 per dozen to `30 per dozen, the demand for vegetable burger increases from 30 per day to 40 per day, then the cross elasticity of eggs and vegetable burger is
• If prices of petrol rises from `40. To `48 per lt., the demand for cars falls from 60 per month to 45 per month, the cross elasticity of petrol and Car is
• The cross elasticity of complementary goods is generally