Positive cross elasticities suggest that goods are ____ and negative cross-elasticities that goods are?

Academy of PakistanTest & Learning

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Academy of PakistanTest & Learning

804Active Users

11EconomicsMedium

Asubstitutes inferior

Bnormal, inferior

Csubstitutes complements

Dnormal, complements

Correct answer

C. substitutes complements

Explanation

The correct answer is substitutes complements.

Positive cross elasticities suggest that goods are ____ and negative cross-elasticities that goods are? - Answer and Explanation | Academy of Pakistan