4091EconomicsMedium
If the cross elasticity of demand is -2?
AThe products are complements and demand is cross price elastic
BThe products are substitutes and demand is cross price inelastic
CThe products are complements and demand is cross price inelastic
DThe products are substitutes and demand is cross price elastic
Correct answer
A. The products are complements and demand is cross price elastic
Explanation
The correct answer is The products are complements and demand is cross price elastic.