if the cross price elasticity between two goods is negative the two goods are likely to be?

Error

Eco111

13 May, 2018

Education

To get notifications when anyone posts a new answer to this question

Answers (3)

Post your comment

Speechlez
8 years ago

They are likely to be complements.

If the cross price elasticity of demand is negative then the two goods in question will be complements. ... The nearer the figure is to zero, the more likely that the two goods are unrelated.

wilsonm
8 years ago

it will likely to be complements.

Share:
Ask a Question

Quick Questions

Estiwise

2 Jun, 2026

Education

what are the importance of citizen to the society?

1 comments

KENNEDINHO41

9 Jun, 2017

Education

UNIBEN: As from now onward nobody should post anything like drop ur whatsapp no.for effective chat.Cos i just deduced that it's not effective at all.Can you imagine me dropping my whatsapp contact for like 4 groups now and nobody has added me.A load of CRAP! Bloody Nonsense!?

2 comments
Error

salakoMichael

14 Apr, 2026

Education

please, do you mean all candidates UTME's time has been rescheduled now, or it's only those sitting for the first batch?

4 comments